A career in interior design is an excellent choice for those who want a creative, well-paying career. Today, we’re going to look into how much an interior designer makes annually as well as hourly. Read on to find out more. We show you in this article how much does an interior designer make.
If you’re a homeowner looking to make your house a dream home, it’s hard to go past an interior design. And if you’re a business owner looking to revamp your office space or want to give your shop floor that extra edge. What do you think about tapping into the power of interior design? Good news: you can actually hire an interior designer by the hour! So how much do they charge per hour?
How Much Does An Interior Designer Make: Best Tips & Tricks
We have talked in details about how much does an interior designer make? You can know from this article step by step completely.
1. How Much Do Interior Designers Make Hourly?
The average salary of an interior designer is $48,000 a year. However, the range can vary from $24,000 to $65,000. According to PayScale, an interior designer’s annual salary ranges from $36,000 in the lowest position to $112,000 in the highest position. The cost per hour of an interior designer’s services also varies, ranging from $200 to $550 per hour.
In 2019, hourly rates for interior designers began to increase steadily, indicating that employers were willing to pay top salaried professionals more.
The MBIS reports that the average cost of an hour of interior design services increased from $286.30 in 2019 to $510.10 in 2020. However, perks such as profit participation, 401k match, and other economic incentives have seen hourly rates slow during the economic downturn.
Previous Rate Of Interior Designers
Notice that hourly rates had begun to rise again by the end of 2020, probably due to a warm economy that brought businesses and consumers back to the office.
Last year, interior designers made $22,327 on median earnings, up from $18,832 in 2019.
In 2019, the earnings for interior designers were higher than they’d been in both 2018 ($18,832) and 2017 ($17,580), but not by as much as in 2016 ($21,710).
How much you will need to earn has a lot to do with the selection of interior design services you choose and pay rates for those services. Here’s an article from the MBIS that discusses interior design services.
It can be challenging to find interior design services that pay competitive rates. However, there are general interior design services agencies like Drake Interiors that do a lot of the hiring for you. According to PayScale, the average commission rate for these agencies is 5.6%.
2. How much the average salary of an interior designer is?
The salary of an interior designer varies according to the location, experience and education of the individual. The average salary of an interior designer in the United States is $51,000 per year. The average salary in Canada is $44,000 per year.
According to the Bureau of Labor Statistics, interior designers in the United States are in high demand and report high growth opportunities. For those seeking employment, interior design may be a good choice if you’ve got some experience or an internship under your belt.
An interior designer’s main responsibilities with a project are designing the layout of the space and organizing the decor. Every space requires a certain amount of thought and design and many projects call for the use of IKEA furniture.
The work typically takes the designer around six to eight weeks. It involves submitting a finished project with a scope, budgets and timelines to the client. After this, the final phase is submitting the project to the client with final inspections and approvals.
As always, thanks for reading! Don’t forget to check out my other articles What do interior designers work?
The Process Of Interior Designing
At this point, the furniture dimensions and other design details are finalized by the interior designer. The release is approved by IKEA. The design process usually takes between 18 and 24 weeks.
An interior designer’s salary also depends on many factors, including the location of the job, the experience of the interior designer and the qualifications of the prospects. Interior design salary benchmark surveys suggest interior designers in the United States. They are paid more than those in the United Kingdom or Canada.
An interior designer’s hourly rate also varies depending on many factors. It is dependent on many factors including experience and qualifications. According to interior design salary benchmark surveys, interior designers in the United States are paid a relatively high hourly wage of US $50 to $55. As a result of this wage rate, it’s arguably more lucrative to work as an interior designer in California.
3. What is the average salary of a commercial interior designer?
The average salary of a commercial interior designer is $57,000 according to the United States Bureau of Labor Statistics. The salary range of a commercial interior designer can vary greatly depending on your industry, where you work, and your experience. The lowest 10% of commercial interior designers earned $29,000 and the highest 10% earned $87,000.
One of the best ways to position yourself as a potential interior designer is by understanding how much you can make. Salary by experience is shown in the next figure.
Best Experience In Interior Design
A two-year experience in interior design pays on average about $55,000. The range for interior designers with two to five years of experience is $45,000 to $83,000 per year. Experienced designers can make six-figure salaries, and prime contractors can receive $125,000 to $250,000. A specialty license is required for practicing interior design. Just a few days of college will get you started.
Hourly rates vary from $40 to $65 per hour, according to The Bureau of Labor Statistics. Hourly rates have risen over the past few decades, likely due to the increased demand for interior designers.
25.5% of designers do not have a bachelor’s degree or higher. Since one of the best ways to position yourself as a potential interior designer is by knowing your rate, it’s important to investigate this truth carefully. Professional interior designers are highly sought after by clients.
Salaries by Experience with a Bachelor’s or Higher
Hourly rate by experience with a Bachelor’s or Higher
In addition, the pay rate is dependent on your experience. An interior designer with four years of experience who’s quit before the completion of their fourth year will experience a pay cut. Interior designers who have seven or more years of experience receive higher pay rates at the job opening.
23.5% of interior designers have a master’s degree or higher. With a master’s degree, your chances of being highly sought after going through the roof. Pay tends toward $150,000 to $225,000 per year.
Also, You just read another post from What Is Interior Design?
4. What are some career and educational requirements for an interior designer?
There isn’t a specific degree or educational requirement for an interior designer. However, most designers complete a bachelor’s degree in interior design, which takes about 4 years. But may take longer depending on the school. Some schools offer a master’s degree in interior design, which takes about 2 years to complete.
As an interior designer, you may be responsible for designing interiors, exteriors, or interiors and exteriors. According to The Bureau of Labor Statistics, the average annual wage for interior designers was $73,760 in 2018. In terms of hourly pay, the BLS reports that the average hourly wage for an interior designer was $34.58 in 2018. However, interior design salaries tend to be on the lower end compared to most other occupations.
As interior designer salaries tend to be on the lower end compared to most other occupations, there are additional financial benefits that come with the job. It can help to save on expenses, such as rent or mortgage rates, car insurance, and taxes. According to PayScale, every year, the median net pay for interior designers is $78,900. On the other hand, the BLS reports that the average salary for a primary or senior care companion for an older person was $54,480 in 2019.
The Typical Lifestyle Designer’s Salary
Whereas the typical interior designer is an entry-level position, a lifestyle designer is a sought-after position. Many interior designers work in relatively low stress because as a career, it can go on for a long time. A lifestyle designer job is more about paying your bills, preparing the perfect showroom for your clients, and working with an agency or boutique.
The typical lifestyle designer’s salary is $90,170 a year. Keep in mind, however, this is not always the case. As an interior designer, you may have to increase your hourly rate, especially if you start working with a design firm. Factors that can contribute to an interior designer’s hourly rate include whether or not. You have seniority within the company, company size, project scope, and location.
5. Where can I find a list of accredited schools for an interior design degree in my area?
You can find an accredited school for an interior design degree in your area by going to the National Council for Interior Design Qualification’s site. If you go to the NCCID’s site, you can search for schools based on location, program type. Or you can search for schools by name.
In Final Words
If you’re a creative person who enjoys working with your hands, then a career as an interior designer might be just right for you. These professionals help to design and decorate their clients’ homes and offices. They earn a pretty penny to do so at about $40 per hour. Interior design jobs offer a lot of flexibility, stability, and satisfaction in exchange for hard work and dedication. It’s worth it! This article on how much does an interior designer make will give you more information on what it takes to be a successful interior designer!
As we’ve seen, the average annual salary of an interior designer is $48,000, but it can certainly vary depending on experience and location. Interior designers typically earn between $27-$100 per hour as well as a commission or flat rate pay for each project. Interior designers are responsible for the design of a wide range of spaces, including commercial and residential interiors, hospitality spaces, corporate offices, and retail stores. The research market trends and customer preferences to produce innovative designs that meet clients’ needs.