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Statistics on Interior Designers shopping in the United states. I need real validated statistics: 1) Average number of projects per interior designer 2) Average number of items an interior designer needs to source for per project 3)Average number of custom made items per project 4) Average item price 5) Average time spent by interior designer on sourcing per project
Hello! Thank you for using Wonder to ask about statistics on Interior Designer shopping in the United States. The short version is that after searching extensively through company reports, industry websites, user forums, and trusted websites, I've determined that the information you requested is not publicly available because each job varies by the individual interior designer or design firm. Therefore, an average figure cannot be attained. However, I was able to learn about the average salary of interior designers in the United States and how much it costs to hire interior designers. Below, you will find a deep dive of my findings and my methodology below.
METHODOLOGY
After searching exhaustively, I have not been able to find any statistics that show the specifics that you requested. First, I looked through interior design websites for any solid figures or specifics that would answer your question and while I was able to find the average salary and hourly wage for interior designers, it seems that interior designers do not have an average number of projects or materials needed to complete their jobs. Next, I looked through all relevant industry reports about interior design custom items made per job, and I have not found any relevant and solid statistics because each job varies for each designer and sometimes the data given in the reports are by firm and not by individual designer. Finally, I looked through figures from the last three years of interior design statistics, including annual firm reports and cost projections, but again, these did not include any specific statistics about average projects, materials, time or sourcing. While I could not find a direct answer to your question, I was able to gather some information and figures about this topic, which I think will be beneficial for your business case.
AVERAGE SALARY AND COSTS OF INTERIOR DESIGNERS
According to the United States Bureau of Labor Statistics, the median salary of Interior Designers in 2016 was $49,810, which is $23.95 an hour. Payscale offers a deeper dive into figures and how experience and skill can affect the salaries of interior designers. Late-career designers make 39% more than the annual salary average, experienced designers make 24% more, and mid-career designers make 11% more than the annual salary. However, the entry-level designer starts off 10% lower than the annual salary. Interior designers with project management skills make 5% above the average salary. The average bonuses interior designers make are between $499.56 to $6,353. The profit sharing average is $503 to $8,770. The average commissions range from $983 to $27,000. As you can see from just the average figures, it is very difficult to find solid numbers to answer your question because the averages span such a large amount. Payscale's website also shows charts and graphs about interior design statistics as well as insight about the profession from interior designers. Home Advisor conducted a study out of 1,539 cost profiles. They concluded that the average cost to hire an interior designer was $5,594. This website states that costs vary significantly based on skill, geographical locations, and the scale of the project. The top four cost structures used by interior designers include cost plus (interior designers purchase the products necessary to complete the job and then asks for a markup of about 20%). The other three cost structures are fixed rates, hourly rates, and by the square foot. Most consumers tend to go over their budget when furnishing their home, and firms take this into account when creating budgets.
INTERIOR DESIGN FIRMS
This article by Interior Design states that 84% of design firms have difficulty finding qualified staff. Unfortunately, while firms are doing more work, they are not getting paid as much as they did in 2016. Square footage increased about 13% but the average cost was only $87 per square foot, where it used to be $103 per square foot. This website offers a chart highlighting all the current issues in the interior design industry. Interior Design's website also states that about 60 firms had a 17% revenue growth in 2016. Only 28 firms earned about 16% less than the annual average. This website has a list of 100 rising interior design firms in 2016, and it shows that firms have a range of five employees to one hundred and forty-four employees. This confirms how difficult it is to determine solid figures based on each interior design job. This page shows charts on where the interior design markets have the most work. Eighty-five percent of firms worked on real-estate development in residential projects, 72% of firms worked on offices in government projects, and 93% of firms worked on colleges in educational projects.
POSSIBLE CONTINUED RESEARCH
In understanding what types of information is available about interior designer statistics, I've suggested a few other routes you may be interested in researching:
1. Given that the interior design market decreased in 2016, you could see if it is more beneficial to work for a firm or become a freelance interior designer.
2. We know that interior designers' salaries heavily depend on their experience, geographical locations, and scale of the projects. It may be helpful to look into what type of projects and specific designers are in demand since the industry will be more likely to hire within certain criteria.
CONCLUSION
To wrap it up, after searching extensively through industry reports, user forums, business charts, and recent company reports, a direct answer to your question is not publicly available because the interior design market varies significantly by materials, experience, geographical locations and size of the given projects. However, I learned that interior design firms are having difficulty finding qualified designers to employ. If you would like to continue research on any of the other topics I've outlined above, just let us know!
Thanks for using Wonder!