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ASID Highlights Growth of Interior Design Practice with 2024 State of Interior Design Report

Furniture World News Desk on 12/5/2024


The American Society of Interior Designers (ASID) has released its annual State of Interior Design Outlook report, sponsored by Sherwin- Williams, highlighting steady growth for the interior design practice, from salaries to number of practitioners. Compiled by the Society’s research division, the report offers a comprehensive tool and outlook on the profession to guide practitioners, taking into consideration career trends, economic indicators, and design services. 

“The growth seen in this report underscores the key role of interior design professionals today,” said Khoi Vo, chief executive officer, ASID. “ASID is proud to provide this critical information to support designers in their careers and practices. This research empowers designers to understand the meaningful value of their work from economic and business perspectives, enabling members and non-members alike to elevate their practice and improve the lives of others and the world around them.” 

The report looks at the current state of the industry and profession and finds that over the last decade, the interior design community has seen considerable growth and has found advances in diversity within the profession. The report also positions the interior design industry within the U.S. economy, highlighting the overall outlook of the industry’s job market that includes a slowing economy and a decline in construction. Additional findings the report features include: 
 

Current estimates project the total number of interior designers, both employed and self-employed, at nearly 128,800 in 2024, increasing 4.1% year-to-year. Of those, approximately 55% are employed, and 45% are self-employed.

Based on recent reports from employers, the average salary for interior designers across all levels in 2023 was $69,958. This constitutes an 11.3% increase, compared to just a 0.5% increase reported last year.

Growth in the number of interior design firms has accelerated post-pandemic.Demand for interior design services surged during the pandemic as homeowners relocated and/or remodeled their homes to make them more suitable for the stay-at-home lifestyle.

Historically, the vast majority of practicing interior designers have been women, white, and middle-aged. Although this trend is likely to persist for some years to come, recent data reveals a gradual shift towards more diversity, reflecting changes in the overall population cited in the ASID 2024 Trends Outlook report.

Larger firms tend to earn higher revenues, while small firms are the key drivers of the interior design industry, accounting for nearly two-thirds of all annual sales. Smaller firms are more susceptible to shifts in the economy, leading to fluctuations in earnings from year to year.

The report is available to download for $150; ASID members may access the report free of charge. Media may obtain a full copy of the report by emailing nicolechacon@novitapr.com.

 


 

About ASID
The American Society of Interior Designers believes that design impacts lives. Through its programs, networks, and advocacy, ASID serves all those who are a part of the interior design profession and practice. ASID thrives on the strength of cross-functional and interdisciplinary relationships among designers of all specialties, including workplace, healthcare, retail and hospitality, education, institutional, and residential. As a leader in shared conversations around topics that matter in design, from evidence-based and human-centric design to social responsibility, well-being, and sustainability, ASID showcases the impact of design on the human experience and the value interior designers provide.

ASID will mark its 50th anniversary in 2025. Celebrating 50 years of industry leadership, ASID is committed to broadening the impact for the future of design in all of the places we work, play, and heal. For more information, visit asid.org.