The beauty industry has been experiencing significant growth in recent years and is expected to grow at 11% by 2028. This growth presents an excellent opportunity for individuals considering a career in cosmetology. For many, aspirations of going into business for themselves are the number one motivator for starting a career in beauty. However, running a business can be challenging. Becoming a successful beautician requires more than talent. An effective business development strategy and social media presence are keys to success. Another critical factor that can contribute to the success of a new beauty business is a growing population with a strong demand for the products or services that you offer. By identifying and catering to the needs of the target market, cosmetologists and other beauty professionals can increase their chances of success and growth.
Top Cities for a Career in Cosmetology in the United States
- New York City, NY
- Los Angeles, CA
- Chicago, IL
- Miami, FL
- Dallas, TX
- Atlanta, GA
- Houston, TX
- San Francisco, CA
Unsurprisingly, the top cities for a career in cosmetology are also among the most populous in the country. Beauty buyers in these cities tend to want hair styling, makeup, and skincare, which can create lucrative opportunities for cosmetologists. For those looking to start their careers, Ogle School offers flexible cosmetology programs in two of the top 8 cities.
Another factor to consider for a career in cosmetology is earning potential. Salaries vary based on several factors, including years of experience, skill level, demand, and location. Your status as an employee or business owner can also be critical in how much you earn as a beautician. According to a 2020 U.S. Bureau of Labor Statistics report, the median wage for hairstylists and cosmetologists was $27,630. In contrast, U.S. revenues for nail and hair salons were $47 Billion, according to a 2021 IBISWorld report. As a salon owner, you set your limit.
Keep in mind that owning a salon is a significant investment and requires persistence, dedication, and hard work. As an independent salon owner, you may have lower annual revenues, while larger, established salons with multiple locations can generate higher incomes. Additionally, salons that offer high-demand services, such as nails, lashes, haircuts, coloring, facials, and spa treatments, may have diverse revenue streams.
If you are considering a career in beauty or want to know which path is right for you, book a time to talk to one of our admissions representatives. We are here to help you realize your dream of being in the beauty industry.