Learn how much architects make and six strategies you can use to earn more no matter what you’re doing right now. Although it’s a frequently asked question, how much you’re able to earn practicing architecture isn’t the most useful question because it completely ignores the expense side of the balance sheet. This video offers a different – and more critical – way to look at earnings (in any profession and at any skill level).
In this video I also offer six strategies for earning more:
– Develop a Budget
– Control your time
– Diversify your income
– Become indispensable
– Work for yourself
– Get licensed
So, how much do architects make? Well, according to the bureau of labor statistics, here in the US, the median salary for an architect in 2016 was about $77,000. The top 10 percent earned more than $130,000, and the bottom 10 percent less than $47,000. Where you’ll fall within that range depends on factors like geographic location, firm size, your level of experience, and the project types you’ll be working on. For a more granular look at these data check the Bureau of Labor Statistics website: https://www.bls.gov/oes/current/oes171011.htm as well as the AIA site which has a compensation calculator: http://info.aia.org/salary/salary.aspx
Approaching compensation with an entrepreneurial mindset (as a business would a balance sheet) is the best place to start earning more.
Please note that the experiences described in the video are my personal experiences and none are offered as financial or legal advice. I can’t be held responsible for your financial decisions, I’m an architect, not a financial advisor or lawyer.
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STARTUP TOOLKIT:
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Please watch: “Making a Site Model – The Outpost Project”
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