SalesUpdated Q1 2026

VP of Business Development Salary
in Madison, WI

Set and execute the partnership and new-business growth strategy across the company. Median salary in Madison: $214K/year. Data from BLS, O*NET, and H-1B disclosures.

Median salary
$214K
per year
Take-home: $139K

Salary range in Madison

Entry level (25th)$163,000
Median (50th)$214,000
Senior (75th)$275,000
Top earner (90th)$347,000
Data freshness

Figures represent annual base salary in Madison, Wisconsin. Reviewed by SalaryOptics Editorial Β· How we calculate this β†’

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What the numbers say for Madison

Analysis derived from the salary, COL, tax, and labor-market figures above β€” specific to this role and city.

2% premium vs national median

VP of Business Developments in Madison earn approximately 2% higher than the US national median for this role β€” a $4,000 premium on annual base salary. This reflects Madison's position as a higher-cost labor market where employers must match local wage norms.

Key facts for Madison

Median salary
$214K
annual
Take-home pay
$139K
after fed/state tax
COL index
102
100 = US avg
State income tax
5.3%
effective rate
Avg 1BR rent
$1,500
per month
YoY growth
+3.5%
salary trend

Salary forecast: Madison VP of Business Development to 2030

Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $214K by 2030.

Salary trend & forecast β€” Madison

Historical (2019–2025) + projected to 2030 based on BLS growth rates

HistoricalProjected
VP of Business Development salary trend 2019–2030PROJECTED β†’$179K$195K$211K$226K$242K201920212023202520272029
2026
$219K
projected
2027
$225K
projected
2028
$230K
projected
2029
$236K
projected
2030
$242K
projected

Projections based on BLS Employment Projections 2022–2032 CAGR and WEF Jobs Report 2025. Not financial advice.

YearProjected median salaryvs today
2027 projected$214,000+$0
2028 projected$214,000+$0
2029 projected$214,000+$0
2030 projected$214,000+$0

Projections use compound annual growth rate (CAGR) from BLS occupational outlook data. Actual salaries may vary.

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VP of Business Development Salary in Madison, Wisconsin: Complete Guide (2026)

The median VP of Business Development salary in Madison, WI is $214,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Madison–WI metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.

Salary range for VP of Business Development in Madison

Entry-level VP of Business Developments in Madison with 0–2 years of experience typically earn between $163,000 and $214,000 annually. Mid-career professionals with 3–7 years command $214,000 to $275,000, while senior-level practitioners with 8+ years of experience regularly earn $275,000 to $347,000 or more.

Cost of living in Madison for VP of Business Developments

Madison has a cost of living index of 102 compared to the US national average of 100. Living costs in Madison are close to the national average. Wisconsin has a 5.3% state income tax rate.

Education requirements for VP of Business Development

Bachelor's degree. 45% of these roles offer some remote flexibility.

VP of Business Development salary in nearby cities

CityMedian salaryCOL index
Madison (current)$214K102
Milwaukee$189K90
Green Bay$185K88
Kenosha$189K90