You should know that working as a hair salon owner requires a lot of work and responsibility. The pay rate can widely vary depending on a huge list of factors. One of the most important aspects that can highly influence the salary is the geographical position of the salon and the popularity. Another important thing to understand is that you will be required to spend money in order to make money. Owning a cheap and small salon in the middle of nowhere will obviously bring little to no money in your pockets. The average salary of a hair salon owner operating in the US is around $80,000 per year.