How much do interior designers make?
If you're interested in pursuing a career in interior design, you may be curious about the earning potential of interior designers. While the profession is often depicted in movies and television as glamorous, many are unaware of the factors that can impact income.
According to the U.S. Bureau of Labor Statistics, the median annual salary for interior designers was $53,370 in 2016. However, experienced interior designers may earn significantly more than that, particularly those working in high-end residential or commercial design, who can make over $100,000 per year.
Location is another important factor that can impact salaries. Interior designers working in major cities typically earn more than those in smaller towns. Additionally, the type of employer can impact earnings, with designers working for architecture or engineering firms earning more than those working in home decor stores.
That being said, according to The Balance, the average annual salary for an interior decorator in the U.S. was $49,610 in 2018. However, top-tier designers can earn much more, such as Joanna Gaines, who reportedly has a net worth of $12 million.
Whether you're self-employed or work for a design firm can also impact your salary. The Creative Group reports that self-employed interior designers make an average salary of $58,000 per year, while those who work for a firm make an average of $50,000 per year.
Overall, a career in interior design can be financially rewarding, but your earning potential will depend on several factors, such as your experience, location, and type of employer.
Categories: Finances, Advice | Authored by: RE DESIGN | Posted: 09/10/2022