![]() ![]() In these cases, looking up the salaries of your peers and fellow architects can be incredibly helpful. Starting your professional journey can be a challenging prospect and one is always confused about what their salary expectations should be. How much are architects earning worldwide? Architects who work in larger cities or metropolitan areas also tend to earn higher salaries than those who work in smaller towns or rural areas, due to the higher cost of living in these areas. ![]() In general, the more specialized and in-demand an architect’s skillset is, the higher their pay will be. require architects to be licensed, which involves completing a certain amount of education and experience and passing the Architect Registration Examination (ARE). Most architects have at least a bachelor’s degree in architecture, and many also have a master’s degree.Īdditionally, all states in the U.S. It’s important to keep in mind that the field of architecture can be competitive, and it requires a significant amount of education and training. However, some architects earn significantly more than this amount, especially those who have a lot of experience and expertise in a particular area or who own their own firms. ![]() According to the United States Bureau of Labor Statistics (BLS), the median annual wage for architects was $80,750 in 2020. Yes, architects generally make good money. In this article we provide you with an overview of how much an average architect earns and what variance can be observed due to differences in location, age, experience, etc. However, that is not always true and hence raises the all-important question, do architects make good money? Read more economic coverage in our special section, Recession Reports.It is universally acknowledged that architecture is a demanding field and one would assume that the compensation provided to architects would be equally rewarding. Although she’s heard anecdotal evidence of principals cutting their own salaries, freezing employee raises, and trimming bonuses, architects will have to wait until the next compensation survey, due in two years time, to see exactly which way salaries are headed right now. Of course, there’s one big caveat: The report “doesn’t take into account any of what has happened in the past year,” says Jennifer Riskus, the AIA’s manager of economic research. If larger firms are paying a certain amount, smaller firms really have a lot more pressure to raise compensation commensurately or risk losing their good employees.” “They are the compensation setters for the profession. “Large firms, with 50 or more employees, control a much larger share of the architectural profession than they did a decade or two ago,” says Baker. In addition to a building boom, the AIA attributes much of the rise in salaries to recent consolidation in the industry. It’s probably still quite low given the educational background most architects have, but it looks like it’s really made some strides forward.” “Architectural compensation, historically, has been quite low. “Architects did some pretty significant catching up,” says Kermit Baker, the AIA’s chief economist. By the beginning of 2008, the average salary for an architecture job was $73,400 in 1990, it was only $34,000. have increased an average of 18.6 percent. Since 2002, the salaries of architects and unlicensed staff have risen an impressive 29.2 percent while the salaries of all private workers in the U.S. Not only did the 2008 AIA Compensation Survey find that salaries for architecture positions increased more than 5.7 percent annually during that period-the strongest performance since the AIA began collecting compensation data in 1990-but also that they outpaced the rest of the economy. Although the current financial crisis may make the good times of 2007 feel like ancient history, the AIA has confirmed that architectural compensation enjoyed a stratospheric rise from 2005 to the beginning of 2008. ![]()
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