How Much Money Does the Average Hairstylist Make Yearly?
Although there are no formal education requirements for hairstylists, many choose to participate in training and advanced courses to help keep up with the latest trends in hairstyles, including both cuts and colors. The amount of money hairstylists make yearly typically starts low and increases as they build a steady, loyal client base.
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Yearly Salary
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The average hairstylist made $26,510 yearly as of May 2010, reports the Bureau of Labor Statistics. Wages began at less than $16,350 a year in the 10th percentile and less than $18,320 in the 25th percentile, with the median income at $22,760 annually. Hairstylists in the 75th percentile earned over $30,490 yearly, and those in the 90th percentile earned over $41,540.
Industry
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The largest industry for hairstylists was personal care services as of 2010, where the bureau reports a salary average of $26,760 yearly. Hairstylists working in department stores earned an average of $21,040, while those working in health and personal care stores earned an average of $27,170. In the industry of employment services the average yearly wages for hairstylists was $26,160, and in nursing care facilities the average was $26,820. Hairstylists also found work in technical and trade schools, earning an average of $27,390 a year.
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Location
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New Jersey had the highest concentration of jobs for hairstylists as of 2010, offering a salary average of $29,170, reports the bureau. The District of Columbia had the highest salary average of all states at $37,680 a year, followed by Hawaii at $34,490 and Washington at $33,680. Santa Fe, New Mexico, was the top paying urban area for hairstylists with a salary average of $41,100 yearly, while central Washington was the top paying rural area with an average of $36,650.
Outlook
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The employment rate for hairstylists is expected to increase by 20 percent between 2008 and 2018, a rate "much faster than the average for all occupations," according to the bureau. In addition to a general increase in the population, this employment growth is due to a higher demand for more advanced services such as coloring, especially among baby boomers and young adults.
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References
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