Before selecting any field, people want to know how much money those people are making who are already part of that particular field for years. Someone who wants to become a Graphic designer wants to know about How much do freelance graphic designers earn?
This is an important question and can motivate someone to become a freelance graphic designer. Graphic designers can work as employees, self-employed freelancers, or as part of an advertising agency or design studio. Graphic designers may do some or all of the following:
– Design logos and branding
– Create website layouts
– Style and produce typography
– Get creative with imagery and illustrations
To give you a clear idea of the task a freelance graphic designer performs, we have written a detailed article on What Does a Freelance Graphic Designer Do?
The U.S. OFFICE OF LABOR STATISTICS reported that graphic designers earned a median annual salary of $53,380 in 2020.The average hourly wage for graphic designers is $25.66. The highest 10% earned over $94,000 per year, while the lowest 10% earned $31,720.
According to Payscale.com, the average payment for a Freelance Graphic Designer in the United States is $55,640 per year as of Feb 10, 2022.
Graphic designers’ salaries are typically based on the graphic designer’s experience, personal branding, portfolio, and education. Graphic design salaries can range from minimum wage to six figures.
6 Graphic Designers Salary Ranges
Graphic designers who work for agencies are often paid between $30,000 -$37,000 each year, while self-employed freelance graphic designers are likely to earn between $32,000 and $42,000.
The designers that work for large design firms can earn salaries ranging from $48,500 to as much as $86,500 per year.
Designers who work for smaller companies or run their own companies can earn anywhere from $25,000 per year on the low end to $180,000 on the higher end.
Those with a master’s degree or those who have been in the field for less than three years may only earn as little as $16,000 per year. Graphic designers can also increase their salary by getting a raise, promotion, or bonus from their employer.
The above stats indicate the average earning of a freelance graphic designer in 2022. However, there are different factors involved in freelance pricing.
Factors affecting freelance prices | How much do freelance graphic designers earn?
Freelance Graphic designer pricing is affected by many factors, including experience, quality of work, and speed. Graphic designer rates are also affected by the demand for the skill.
Graphic designers with more experience usually charge higher rates than those just starting. Freelance Graphic design projects that require highly specialized skills may cost more than other projects because a highly skilled graphic designer will charge more than an average designer.
Freelance Graphic designers who are fast, accurate, and produce high-quality work may also charge more. The top Graphic designers can make up to $100 per hour or more for their services, depending on the industry they serve.
Graphic design is a specialized service that requires technical skills. Freelance Graphic design rates are usually calculated by the hour, but some freelance graphic designers set flat rates for projects.
Freelance Graphic designer rates typically depend on the company’s size that needs their services and how much money they have to spend on graphic design.
Earnings from other sources
Graphic designers can also use free classified ad websites like Craigslist, Gumtree, and eBay Classifieds. Graphic design businesses are also sold on websites like Flippa, where people can buy and sell businesses.
Graphic designers can also post their projects on IconoSquare, a website for designers to display their work. So, there are many other ways to make money instead of traditional freelancing.
We have written a detailed article on 12 Steps to Becoming a Successful Freelance Graphic Designer in 2022 so that you can become successful in your freelance graphic design journey.
Graphic designers often attend special classes and workshops to learn new skills, and they also typically purchase books on the subject that they need to study. Graphic designers may also join a professional organization or association that helps them stay up-to-date on trends in the field. To help you in learning new skills, we have compiled a list of Top 5 Best Platforms To Learn Graphic Designing.
This was our detailed article on Freelance Graphic Design Earning. Find out more about the value of graphic design in 2022 by reading the detailed article about The Freelance Graphic Design Industry in 2022: Worth It?