Earn More MoneySeptember 21, 2020October 19, 2020

How Much Money Do Interior Designers Earn?

When scrolling through the internet, it can quite difficult to take every bit of information in. However, there are many jobs and industries that I feel may be overlooked. This can be for many reasons. However, this assumption is based on personal experience. I haven’t come across too many people within this field during my schooling or everyday life. However, I am just one person. The field or industry in question is interior design. To preface, interior design is a large industry with a multitude of complexities and creativity surrounding it.

An eye for detail mixed with stellar customer service is required. It truly is an interesting field of study. Therefore, we will attempt to break down a few key factors. First, Who are interior designers and what do they do? Second, how do you become one, and do you need a degree? Lastly, how much money can you earn as an interior designer? At the end of this article, our goal is for you to be informed. Furthermore, you may want to pursue further knowledge.

Who Are Interior Designers?

If you’ve never heard of an interior designer before, you may have a few questions. Therefore, we will answer this question. Interior designers are people who not only plan but design and furnish various interiors. However, they are not limited to residential homes. Interior designers are everywhere. From commercial to industrial buildings. They’re the backbone of how buildings look. Most major corporations who’re purchasing or moving into space typically have a team of interior designers. This is due to many many reasons. First is that designing an interior can be time-consuming. Furthermore, outsourcing the job to someone who has the skills to make everything cohesive is advantageous.

If you’re thinking that all you’ll have to do as an interior designer is “plan”. you’d be wrong. Although there are people who’re sole purpose to devise interior plans, For the most part, your duties will stretch far beyond mere planning. For example, as an interior designer, you take on full responsibility for making the house look up to par according to your client’s needs. You’ll be the person who arranges all the installations. An example of this is deciding that your client wants a carpet. Therefore, you’d subcontract someone to come and install that carpet, on the client’s expense of course. Simply put, you’ll be the one to set up the installation and arrangements of everything within your plan. Of course, your client will most likely have a budget. Therefore, you will need to work within that scope.

Lastly, as the interior designer, you will have to coordinate with everyone involved in the project cohesively. This means scheduling them to come in at the appropriate time. Furthermore, you must make sure that the work is done up to standard. As an interior designer, you make you’re living off creativity and customer satisfaction, much like any other service role.

Do You Need A Degree To Become An Interior Designer?

There are a few things that you need in order to become an interior designer. The first is the ability to work with customers and have an eye for detail. Working with customers can be difficult. There will be many times where the customer will say they want something and change their mind later. However, you cannot let this discourage you. Designing a house or building can be a daunting task. It requires a lot of patience.

As for actually becoming an interior designer, there is always a huge. glaring question. Do you need a degree to become an interior designer? In short, you don’t. You don’t need a degree to legally do any of the aspects or roles that are typical to an interior designer. especially to run a business. However, there is a greater discussion to be had one whether or not you should have a degree in interior design. Many schools offer the option, such as Ryerson University. The main question is where it is worth it or not.

The value of the course is completely dependent on you. Do you think that you’ll learn everything you need to know from that course? Do you have adequate funds to spend on tuition? There are many factors to consider. The fact of the matter is that schooling will give you a wealth of knowledge. However, this knowledge can also be gained through self-teaching and experience.

I would be remiss if I didn’t mention the fact that having certifications and degrees may help you. This is due to the fact that clients often look for these things to add credibility. Furthermore, it decreases the candidate pool. Although these things help you, there are a few things that you can have that’ll put you above the rest and really showcase your talents. The first is the testimonials and the second is a stand-out portfolio. Your portfolio is what is really going to drive people in. Visuals are what give people a greater understanding of your skill level. Many people are like this, they need to see it to believe it. Imagine you’re looking to hire a photographer. Seeing their work is most likely crucial in your decision-making process. The same concept applies to interior design.

How Much Money Can An Interior Designer Earn?

Now, onto how much money you can earn as an interior designer. Much like any industry, the amount you’ll earn can vary. With factors such as experience and education, you have the potential to earn more than someone who doesn’t have those qualifications. Furthermore, the amount of money you earn will depend on the type of interior designer you are. If you own a business, you can earn the most money because you’re not employed by anyone else. Also, commercial and industrial interior designers have the potential to earn more than residential. If you were to go onto Indeed.ca and type in “interior designer” you’ll see that the average lowest offer is $40,000. The fact that the lowest income job on Indeed is $40,0000 speaks volumes. It shows that the job is in high demand.

According to Payscale, of the submitted salaries by interior designers in Canada, the average income is just shy of $50,000 per year. Quite a substantial amount. Of course, this does not account for various factors such as pay increases and commissions. If you were thinking of creating a business out of interior design, that is a great choice. Although it’ll come with expenses such as travel, and other business costs, the return can be much higher. For example, if you don’t have employees, you can set your own rate and not have to share any of the profits. The money you make will be all profit, after the expenses of course. It’s possible to make thousands of dollars a month. However, as previously stated, customer satisfaction is key. Your main tool of marketing will be word-of-mouth. Therefore, you need to leave a lasting impression.

Shameed Chris Khan

Shameed is just a man on a mission to help those around him gain financial success. Obsessed with writing about all things finance, this GTA native is constantly learning and sharing his experiences with others.