Statistics About Employment Rates and Earning Potential for Graduates for Estheticians in Colorado
Estheticians in Colorado enjoy promising employment prospects and competitive earnings. Here's an overview of the current landscape:
Employment Outlook:
Growth Projection: The employment of skincare specialists, including estheticians, is expected to grow by 10% from 2023 to 2033, outpacing the average for all occupations. This growth is anticipated to result in approximately 12,800 job openings annually over the decade.
Earning Potential in Colorado:
Average Hourly Wage: Estheticians in Colorado earn an average of $25.95 per hour, with reported earnings ranging from $11.24 to $59.88 per hour.
Average Annual Salary: The average annual salary for estheticians in Colorado is approximately $43,680, equating to about $21 per hour. Entry-level positions start around $33,150 annually, while experienced professionals can earn up to $83,200 per year.
Earning Potential in Denver:
Average Hourly Wage: In Denver, estheticians earn an average of $26.42 per hour, with earnings ranging from $12.12 to $57.59 per hour.
Factors Influencing Earnings:
Experience: Seasoned estheticians with a robust client base typically command higher wages.
Specializations: Expertise in advanced treatments, such as medical aesthetics, permanent makeup, cosmetic injectables or laser therapies, can enhance earning potential.
Location: Urban centers like Denver often offer higher wages compared to rural areas.
Employment Setting: Estheticians employed in medical spas or dermatology clinics may receive higher compensation than those in standard salon environments.
Given the favorable job outlook and earning potential, pursuing a career as an esthetician in Colorado presents a compelling opportunity for individuals interested in the skincare industry.