Average Salary Of Interior Designer?
Are you thinking of pursuing a career in interior design? One of the most pressing questions that come to mind is how much you could earn as an interior designer. The average salary of an interior designer is frequently searched for by students, aspiring designers, and people considering a career change. In this article, we will explore the average salary of an interior designer, the factors that affect it, and how you can increase your earning potential in this profession.
What is the average salary of an interior designer?
According to the US Bureau of Labor Statistics, the May 2020 median annual wage for interior designers was $56,040. The lowest 10 percent earned less than $31,970, and the highest 10 percent earned more than $97,910. Notably, these figures are based on the median salary, meaning that half of the interior designers earned more than this amount, and half earned less.
Factors that affect the average salary of an interior designer
Several factors can influence an interior designer’s salary, including their geographic location, education and experience, type of employer, and type of interior design projects they work on.
Geographic location
The location where an interior designer works can significantly impact their salary. For example, interior designers working in metropolitan areas earn higher wages than those working in rural areas. The cost of living in the area can also affect the salary range.
Education and experience
Interior designers with advanced degrees or certifications typically earn higher salaries than those with only a bachelor’s degree. Additionally, designers with more experience are often paid more than those just starting in the industry.
Type of employer
Interior designers may work for design and architectural firms or in-house for corporations or government agencies. The type of employer can affect the salary range, with those working for large corporations or established design firms typically earning higher salaries than those working for smaller firms or as freelancers.
Type of interior design projects
The type of interior design projects an individual works on can also affect their salary. For example, those specializing in high-end residential or commercial projects may earn more than those working on smaller, less complex projects.
How to increase your earning potential as an interior designer
If you’re looking to increase your earning potential as an interior designer, there are several steps you can take. Continuing education and professional development can help you stay up-to-date with industry trends and improve your skills. Building a solid portfolio can showcase your abilities and attract higher-paying clients. Networking and building relationships with other professionals in the industry can also lead to more opportunities and higher-paying projects. Finally, specializing in a specific area of interior design, such as sustainable design or healthcare design, can set you apart from other designers and increase demand for your services.
FAQ
What is the starting salary for an interior designer?
The starting salary for an interior designer can vary based on several factors, including location, education, and experience. On average, entry-level interior designers earn between $35,000 and $45,000 annually.
Is it possible to earn a six-figure salary as an interior designer?
Yes, earning a six-figure salary as an interior designer is possible, particularly for those with extensive experience and a strong portfolio of high-end projects.
Do interior designers earn commissions on furniture and decor sales?
Some interior designers earn a commission on furniture and decor sales, while others charge a flat fee or hourly rate for their services.
Is it necessary to have a degree in interior design to become an interior designer?
While having a degree in interior design to become an interior designer is not strictly necessary, many employers prefer candidates with a bachelor’s or master’s degree.
Do interior designers work on a freelance or contract basis?
Interior designers may work freelance or on contract, mainly if they run their design firm or as a consultant. However, many interior designers also work full-time for design or architectural firms.
Conclusion
In conclusion, the average salary of an interior designer is $56,040 per year. However, this can vary depending on several factors such as location, education, experience, and the type of employer and projects they work on. To increase your earning potential as an interior designer, consider continuing your education, building a solid portfolio, networking, and specializing in a specific area of interior design. You can achieve a successful and rewarding career as an interior designer with dedication and hard work.