Interior design is an exciting and creative career that offers many opportunities for those with a creative eye and a knack for design. Although the job can be highly rewarding, it is important to understand the earning potential of an interior designer before embarking on a career path in this field. Here, we will examine how much money interior designers make, and how you can maximize your earnings.
Average Salary of an Interior Designer
According to the Bureau of Labor Statistics (BLS), the median annual wage for interior designers was $51,500 in May 2019. The lowest 10% earned less than $29,230, and the highest 10% earned more than $86,610. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less.
Factors That Affect an Interior Designer’s Salary
There are several factors that can affect an interior designer’s salary, including experience, location, and employer. Generally, those with more experience tend to earn more than those with less experience. Location also plays an important role in an interior designer’s salary, as those in larger cities tend to earn more than those in smaller cities or rural areas. Additionally, the type of employer can affect an interior designer’s salary, as those employed by larger firms tend to earn more than those who are self-employed or employed by smaller firms.
How to Maximize Your Earnings as an Interior Designer
The best way to maximize your earnings as an interior designer is to gain experience, get certified, and specialize in certain areas. Gaining experience will help you build your portfolio and increase your knowledge of the industry. Additionally, getting certified by organizations such as the American Society of Interior Designers (ASID) can help you demonstrate your expertise and knowledge of the industry. Specializing in certain areas can also help you increase your earnings, as some areas of specialization such as hospitality, healthcare, or retail interior design may offer higher salaries than other areas.
Conclusion
Overall, the salary of an interior designer can vary based on experience, location, and employer. Those with more experience tend to earn more, while those in larger cities or those employed by larger firms tend to earn higher salaries. Additionally, certifications and areas of specialization can help increase an interior designer’s earnings. By understanding the earning potential of an interior designer, you can make an informed decision about whether or not this is the right career path for you.