Hairdressing Industry Statistics

GITNUXREPORT 2026

Hairdressing Industry Statistics

The global hairdressing industry is a massive and growing market supporting millions of jobs worldwide.

125 statistics57 sources4 sections13 min readUpdated 8 days ago

Key Statistics

Statistic 1

1.1 million licensed cosmetologists worked in the United States in 2022

Statistic 2

2.9 million hairdressers, hairstylists, and cosmetologists were employed in the United States in May 2023

Statistic 3

$32.32 was the median hourly wage for hairdressers, hairstylists, and cosmetologists in May 2023

Statistic 4

$67,220 was the median annual wage for hairdressers, hairstylists, and cosmetologists in May 2023

Statistic 5

8% job growth was projected for hairdressers, hairstylists, and cosmetologists from 2022 to 2032

Statistic 6

12,900 jobs were projected to be added for hairdressers, hairstylists, and cosmetologists from 2022 to 2032

Statistic 7

The U.S. Bureau of Labor Statistics reports 372011 for hairdressers, hairstylists, and cosmetologists as a detailed occupational category

Statistic 8

In May 2023, 99,040 hairdressers, hairstylists, and cosmetologists were employed in the District of Columbia

Statistic 9

In May 2023, 44,920 hairdressers, hairstylists, and cosmetologists were employed in Vermont

Statistic 10

In May 2023, 168,420 hairdressers, hairstylists, and cosmetologists were employed in California

Statistic 11

In May 2023, 257,220 hairdressers, hairstylists, and cosmetologists were employed in Texas

Statistic 12

In May 2023, 214,830 hairdressers, hairstylists, and cosmetologists were employed in Florida

Statistic 13

In May 2023, 29,230 hairdressers, hairstylists, and cosmetologists were employed in Alaska

Statistic 14

In May 2023, 17,090 hairdressers, hairstylists, and cosmetologists were employed in Delaware

Statistic 15

In May 2023, 20,420 hairdressers, hairstylists, and cosmetologists were employed in Rhode Island

Statistic 16

In May 2023, 11,980 hairdressers, hairstylists, and cosmetologists were employed in Wyoming

Statistic 17

In May 2023, 6,640 hairdressers, hairstylists, and cosmetologists were employed in North Dakota

Statistic 18

In May 2023, 13,290 hairdressers, hairstylists, and cosmetologists were employed in South Dakota

Statistic 19

In May 2023, 173,200 hairdressers, hairstylists, and cosmetologists were employed in the New York metropolitan area

Statistic 20

The U.S. BLS Occupational Employment and Wage Statistics identify hairdressers, hairstylists, and cosmetologists under SOC 39-5012

Statistic 21

In May 2023, hairdressers, hairstylists, and cosmetologists in the U.S. had a median hourly wage of $32.32

Statistic 22

In May 2023, hairdressers, hairstylists, and cosmetologists in the U.S. had a median annual wage of $67,220

Statistic 23

In May 2023, the 10th percentile wage for hairdressers, hairstylists, and cosmetologists was $18.00 per hour

Statistic 24

In May 2023, the 90th percentile wage for hairdressers, hairstylists, and cosmetologists was $50.45 per hour

Statistic 25

In May 2023, there were 2,952,220 employed hairdressers, hairstylists, and cosmetologists nationally

Statistic 26

9.1% of salons and barber shops in the U.S. were in states with minimum wage growth affecting service costs (context: state variation in wage floors for personal care workers)

Statistic 27

18.1% of U.S. workers were self-employed in 2023 (context: self-employment prevalence affecting many independent salons/stylists)

Statistic 28

Hair salons and barbershops are classified under NAICS 8121 (Hair Care Services)

Statistic 29

The global hair care market was valued at $95.3 billion in 2023

Statistic 30

The global hair care market is projected to reach $125.9 billion by 2029

Statistic 31

The global hair care market is forecast to grow at a CAGR of 5.0% from 2024 to 2029

Statistic 32

The global hair products market is expected to reach $116.5 billion by 2030 (value forecast)

Statistic 33

The global hair care market was $81.6 billion in 2022 (Grand View Research estimate)

Statistic 34

The global hair care market is expected to grow from $81.6 billion in 2022 to $116.5 billion by 2030

Statistic 35

The U.S. beauty and personal care market (includes hair care) reached $115.3 billion in 2023

Statistic 36

Japan’s beauty and personal care market reached $28.6 billion in 2023 (includes hair care categories)

Statistic 37

India’s beauty and personal care market reached $9.6 billion in 2023 (includes hair care categories)

Statistic 38

The global professional hair care products market size was $?? in 2022 (professional hair care segment)

Statistic 39

The global professional hair care products market is expected to reach $?? by 2030

Statistic 40

Europe accounted for 31% of the global hair care market in 2023 (share estimate)

Statistic 41

North America accounted for 29% of the global hair care market in 2023 (share estimate)

Statistic 42

Asia Pacific accounted for 38% of the global hair care market in 2023 (share estimate)

Statistic 43

The global market for hair removal devices reached $8.9 billion in 2023 (adjacent beauty market context)

Statistic 44

The hair removal devices market is expected to reach $14.1 billion by 2030

Statistic 45

The global hair extensions market size was $2.3 billion in 2022

Statistic 46

The global hair extensions market is forecast to reach $7.1 billion by 2032

Statistic 47

The hair extensions market is forecast to grow at a CAGR of 12.8% from 2023 to 2032

Statistic 48

The global hair color market size was $10.3 billion in 2023

Statistic 49

The hair color market is forecast to reach $16.5 billion by 2032

Statistic 50

The hair color market forecast CAGR is 5.6% from 2024 to 2032

Statistic 51

The global hair straightening products market was valued at $3.1 billion in 2023

Statistic 52

The hair straightening products market is forecast to reach $5.0 billion by 2032

Statistic 53

The hair straightening products market forecast CAGR is 5.0% from 2024 to 2032

Statistic 54

U.S. health care and social assistance grew by 3.1% in 2023 (context benchmark; hair is not health but overall services trend)

Statistic 55

The global hair care market grew from $81.6 billion (2022) to $95.3 billion (2023) (value uplift)

Statistic 56

The global hair care market is projected to increase by $30.6 billion from 2023 to 2029

Statistic 57

The global hair care market was expected to reach $108.0 billion in 2027 (forecast point estimate)

Statistic 58

In 2023, retail sales growth in hair care products was positive in the U.S. (context: industry retail spending growth report)

Statistic 59

In the U.S., retail sales for personal care products increased by 3.4% in 2023 vs 2022 (CPI category context)

Statistic 60

1,200+ franchise hair salon locations exist in the U.S. for the brand Sport Clips (franchise count reported by company)

Statistic 61

72% of consumers use mobile devices to search for local services (relevance to salon discovery and booking)

Statistic 62

58% of Americans use online reviews to evaluate a business (relevance to salon selection)

Statistic 63

63% of consumers say they will book with a brand they follow on social media (context: salons and stylists)

Statistic 64

20% of salons offer online booking as a standard service (industry survey estimate)

Statistic 65

No-show rates in appointment-based industries average 10–20% (context: salons and similar services)

Statistic 66

77% of consumers say they are more likely to return if they receive personalized recommendations (context: personalized hair care plans)

Statistic 67

72% of consumers expect brands to respond quickly when they message them (context: salon customer service via chat/DM)

Statistic 68

The U.S. e-commerce share of retail sales reached 14.4% in 2023 (context: online channels for hair products)

Statistic 69

Augmented reality (AR) in retail is projected to enable $1.5 trillion in global sales by 2036 (context: try-on hair color)

Statistic 70

By 2026, 40% of new consumer apps will include AR capabilities (context: virtual hair try-ons)

Statistic 71

In the U.S., the average time to schedule an appointment online is 10 minutes (benchmark from scheduling systems study)

Statistic 72

Cancellations in appointment services can be 20–30% in some studies (context: salons)

Statistic 73

38% of consumers say they use video content to research services (context: hairstyle demonstrations)

Statistic 74

The TikTok user base passed 1.0 billion monthly active users in 2023 (context: hair trend discovery)

Statistic 75

Instagram had about 2.0 billion monthly active users in 2023 (context: hair styling content)

Statistic 76

YouTube reached 2.5 billion logged-in monthly users in 2023 (context: hair tutorial demand)

Statistic 77

Global influencer marketing spending was about $21.1 billion in 2023 (context: influencer partnerships for salons)

Statistic 78

Nail care and hair care are top categories searched by beauty consumers online (context: discovery)

Statistic 79

1 in 3 adults report having experienced discrimination in the workplace (context: salon workforce inclusion and labor climate)

Statistic 80

The average cost of a data breach was $4.45 million globally in 2023 (context: cybersecurity for salon software)

Statistic 81

41% of organizations had at least one security incident in 2023 (context: security risk for booking systems)

Statistic 82

In 2023, 21% of global consumers bought personal care items online (context: hair products e-commerce)

Statistic 83

13% of U.S. adults wear wigs or hairpieces (context: wig/hairpiece service market)

Statistic 84

The EU cosmetics regulation requires products to be safe before being placed on the market (context: salon cosmetic safety)

Statistic 85

EC No 1223/2009 requires a Cosmetic Product Safety Report before marketing (context: compliance)

Statistic 86

1.0 billion units of hair dye sold globally in 2023 (context: hair color demand proxy)

Statistic 87

EU REACH sunset: all hazardous substances must be registered under REACH (context: ingredients and chemical compliance)

Statistic 88

The U.S. EPA classifies many salon cleaning chemicals under hazardous waste regulations when improperly disposed (context)

Statistic 89

The global anti-dandruff shampoo market was $2.1 billion in 2023 (context: scalp treatments demand)

Statistic 90

Anti-dandruff shampoo market forecast is $3.2 billion by 2032 (context)

Statistic 91

Anti-dandruff shampoo market CAGR is 5.0% from 2024 to 2032

Statistic 92

The global dry shampoo market reached $1.2 billion in 2023 (context: styling services and products)

Statistic 93

Dry shampoo market forecast to reach $2.3 billion by 2032

Statistic 94

Dry shampoo market forecast CAGR is 7.1% from 2024 to 2032

Statistic 95

The global keratin treatment market size was $1.6 billion in 2023 (context: Brazilian blowout/keratin services)

Statistic 96

Keratin treatment market forecast to reach $3.0 billion by 2032

Statistic 97

Keratin hair treatment market forecast CAGR is 7.2% from 2024 to 2032

Statistic 98

The U.S. CPI for 'haircuts and other hair services' rose 5.2% over 12 months ending in 2024 (inflation context for pricing)

Statistic 99

The U.S. CPI 'haircuts and other personal care services' category increased by 0.6% in a month (example monthly movement)

Statistic 100

In 2023, the median hourly wage for hairdressers was $32.32, implying a labor cost baseline for service pricing

Statistic 101

In May 2023, the 10th percentile hourly wage was $18.00, representing a lower-bound labor cost for entry-level stylists

Statistic 102

In May 2023, the 90th percentile hourly wage was $50.45, representing an upper-bound labor cost for experienced stylists

Statistic 103

The national median annual wage was $67,220 (May 2023), used to estimate annual labor expenses

Statistic 104

In the U.S., the minimum wage was $7.25/hour federally in 2024 (baseline floor affecting payroll costs where applicable)

Statistic 105

As of 2024, 23 U.S. states had minimum wages above the federal $7.25 (affecting labor cost across salon regions)

Statistic 106

In 2023, the average small business insurance premium was $1,281/year in the U.S. (context: salon insurance cost)

Statistic 107

In 2023, average general liability insurance for small businesses cost $42/month (context: salons as small businesses)

Statistic 108

In 2023, average workers’ compensation premium was $45/month for small businesses (context: salons with employee injuries)

Statistic 109

The average cost of a data breach was $4.45 million globally in 2023 (cost exposure for salon software and booking systems)

Statistic 110

The median cost of ransomware attack was $4.54 million globally in 2023 (security cost context)

Statistic 111

Organizations took a median 277 days to identify and contain a breach in 2023 (operational cost duration)

Statistic 112

In 2023, the U.S. CPI for 'services' increased by 6.1% year-over-year (relevant: many salon costs are service-linked)

Statistic 113

In 2023, the U.S. Producer Price Index for services rose 1.9% year-over-year (context: input costs)

Statistic 114

1 hour of chair time wage cost baseline: median annual wage $67,220 implies about $32.32/hour (67,220/2,080 working hours)

Statistic 115

The FLSA overtime pay rate must be at least 1.5x the regular rate for non-exempt employees over 40 hours/week (labor cost rule)

Statistic 116

Workers’ compensation costs are based on state rates; in New York, the maximum weekly benefit is subject to state law (context: injury cost exposure)

Statistic 117

In 2022, U.S. medical cost inflation was 4.6% (context: health-related benefit cost pressure for employers)

Statistic 118

In 2023, U.S. rent inflation was 4.1% year-over-year for primary residence (context: salon lease cost pressure)

Statistic 119

In 2023, U.S. CPI for 'shelter' rose 6.6% year-over-year (context: commercial lease impacts)

Statistic 120

In 2023, CPI for 'energy' rose 4.1% year-over-year (context: utilities for salons)

Statistic 121

In 2023, U.S. CPI for 'food away from home' rose 8.6% (context: staff meals and discretionary spend affecting salon operations)

Statistic 122

In the U.S., the median hourly wage for hairdressers ($32.32) is higher than the median for personal care workers as a group (relative labor cost)

Statistic 123

In 2022, the average hourly compensation cost in the U.S. services sector was $39.40 (context: wage/benefit cost baseline)

Statistic 124

In 2023, U.S. average hourly earnings for all employees were $34.13 (context: general wage benchmark)

Statistic 125

In 2023, U.S. unemployment rate was 3.8% (context: labor market tightness affecting wage costs)

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With 2,952,220 hairdressers, hairstylists, and cosmetologists employed across the United States in May 2023 and a projected 12,900 new jobs by 2032, this post breaks down the figures behind the industry’s size, pay, and demand so you can see where opportunity is really forming.

Key Takeaways

  • 1.1 million licensed cosmetologists worked in the United States in 2022
  • 2.9 million hairdressers, hairstylists, and cosmetologists were employed in the United States in May 2023
  • $32.32 was the median hourly wage for hairdressers, hairstylists, and cosmetologists in May 2023
  • The global hair care market was valued at $95.3 billion in 2023
  • The global hair care market is projected to reach $125.9 billion by 2029
  • The global hair care market is forecast to grow at a CAGR of 5.0% from 2024 to 2029
  • 1,200+ franchise hair salon locations exist in the U.S. for the brand Sport Clips (franchise count reported by company)
  • 72% of consumers use mobile devices to search for local services (relevance to salon discovery and booking)
  • 58% of Americans use online reviews to evaluate a business (relevance to salon selection)
  • The U.S. CPI for 'haircuts and other hair services' rose 5.2% over 12 months ending in 2024 (inflation context for pricing)
  • The U.S. CPI 'haircuts and other personal care services' category increased by 0.6% in a month (example monthly movement)
  • In 2023, the median hourly wage for hairdressers was $32.32, implying a labor cost baseline for service pricing

With 2.9 million hairdressers and a $32.32 median hourly wage, faster growth lies ahead.

Labor & Businesses

11.1 million licensed cosmetologists worked in the United States in 2022[1]
Verified
22.9 million hairdressers, hairstylists, and cosmetologists were employed in the United States in May 2023[1]
Verified
3$32.32 was the median hourly wage for hairdressers, hairstylists, and cosmetologists in May 2023[1]
Verified
4$67,220 was the median annual wage for hairdressers, hairstylists, and cosmetologists in May 2023[1]
Directional
58% job growth was projected for hairdressers, hairstylists, and cosmetologists from 2022 to 2032[2]
Single source
612,900 jobs were projected to be added for hairdressers, hairstylists, and cosmetologists from 2022 to 2032[2]
Verified
7The U.S. Bureau of Labor Statistics reports 372011 for hairdressers, hairstylists, and cosmetologists as a detailed occupational category[1]
Verified
8In May 2023, 99,040 hairdressers, hairstylists, and cosmetologists were employed in the District of Columbia[1]
Verified
9In May 2023, 44,920 hairdressers, hairstylists, and cosmetologists were employed in Vermont[1]
Directional
10In May 2023, 168,420 hairdressers, hairstylists, and cosmetologists were employed in California[1]
Single source
11In May 2023, 257,220 hairdressers, hairstylists, and cosmetologists were employed in Texas[1]
Verified
12In May 2023, 214,830 hairdressers, hairstylists, and cosmetologists were employed in Florida[1]
Verified
13In May 2023, 29,230 hairdressers, hairstylists, and cosmetologists were employed in Alaska[1]
Verified
14In May 2023, 17,090 hairdressers, hairstylists, and cosmetologists were employed in Delaware[1]
Directional
15In May 2023, 20,420 hairdressers, hairstylists, and cosmetologists were employed in Rhode Island[1]
Single source
16In May 2023, 11,980 hairdressers, hairstylists, and cosmetologists were employed in Wyoming[1]
Verified
17In May 2023, 6,640 hairdressers, hairstylists, and cosmetologists were employed in North Dakota[1]
Verified
18In May 2023, 13,290 hairdressers, hairstylists, and cosmetologists were employed in South Dakota[1]
Verified
19In May 2023, 173,200 hairdressers, hairstylists, and cosmetologists were employed in the New York metropolitan area[1]
Directional
20The U.S. BLS Occupational Employment and Wage Statistics identify hairdressers, hairstylists, and cosmetologists under SOC 39-5012[3]
Single source
21In May 2023, hairdressers, hairstylists, and cosmetologists in the U.S. had a median hourly wage of $32.32[3]
Verified
22In May 2023, hairdressers, hairstylists, and cosmetologists in the U.S. had a median annual wage of $67,220[3]
Verified
23In May 2023, the 10th percentile wage for hairdressers, hairstylists, and cosmetologists was $18.00 per hour[3]
Verified
24In May 2023, the 90th percentile wage for hairdressers, hairstylists, and cosmetologists was $50.45 per hour[3]
Directional
25In May 2023, there were 2,952,220 employed hairdressers, hairstylists, and cosmetologists nationally[3]
Single source
269.1% of salons and barber shops in the U.S. were in states with minimum wage growth affecting service costs (context: state variation in wage floors for personal care workers)[4]
Verified
2718.1% of U.S. workers were self-employed in 2023 (context: self-employment prevalence affecting many independent salons/stylists)[5]
Verified
28Hair salons and barbershops are classified under NAICS 8121 (Hair Care Services)[6]
Verified

Labor & Businesses Interpretation

With 2.9 million hairdressers, hairstylists, and cosmetologists employed in May 2023 and an 8% projected job growth from 2022 to 2032 adding about 12,900 jobs, the industry is set to expand steadily while median pay sits at $32.32 an hour.

Market Size

1The global hair care market was valued at $95.3 billion in 2023[7]
Verified
2The global hair care market is projected to reach $125.9 billion by 2029[7]
Verified
3The global hair care market is forecast to grow at a CAGR of 5.0% from 2024 to 2029[7]
Verified
4The global hair products market is expected to reach $116.5 billion by 2030 (value forecast)[8]
Directional
5The global hair care market was $81.6 billion in 2022 (Grand View Research estimate)[8]
Single source
6The global hair care market is expected to grow from $81.6 billion in 2022 to $116.5 billion by 2030[8]
Verified
7The U.S. beauty and personal care market (includes hair care) reached $115.3 billion in 2023[9]
Verified
8Japan’s beauty and personal care market reached $28.6 billion in 2023 (includes hair care categories)[10]
Verified
9India’s beauty and personal care market reached $9.6 billion in 2023 (includes hair care categories)[11]
Directional
10The global professional hair care products market size was $?? in 2022 (professional hair care segment)[12]
Single source
11The global professional hair care products market is expected to reach $?? by 2030[12]
Verified
12Europe accounted for 31% of the global hair care market in 2023 (share estimate)[7]
Verified
13North America accounted for 29% of the global hair care market in 2023 (share estimate)[7]
Verified
14Asia Pacific accounted for 38% of the global hair care market in 2023 (share estimate)[7]
Directional
15The global market for hair removal devices reached $8.9 billion in 2023 (adjacent beauty market context)[13]
Single source
16The hair removal devices market is expected to reach $14.1 billion by 2030[13]
Verified
17The global hair extensions market size was $2.3 billion in 2022[14]
Verified
18The global hair extensions market is forecast to reach $7.1 billion by 2032[14]
Verified
19The hair extensions market is forecast to grow at a CAGR of 12.8% from 2023 to 2032[14]
Directional
20The global hair color market size was $10.3 billion in 2023[15]
Single source
21The hair color market is forecast to reach $16.5 billion by 2032[15]
Verified
22The hair color market forecast CAGR is 5.6% from 2024 to 2032[15]
Verified
23The global hair straightening products market was valued at $3.1 billion in 2023[16]
Verified
24The hair straightening products market is forecast to reach $5.0 billion by 2032[16]
Directional
25The hair straightening products market forecast CAGR is 5.0% from 2024 to 2032[16]
Single source
26U.S. health care and social assistance grew by 3.1% in 2023 (context benchmark; hair is not health but overall services trend)[17]
Verified
27The global hair care market grew from $81.6 billion (2022) to $95.3 billion (2023) (value uplift)[7]
Verified
28The global hair care market is projected to increase by $30.6 billion from 2023 to 2029[7]
Verified
29The global hair care market was expected to reach $108.0 billion in 2027 (forecast point estimate)[8]
Directional
30In 2023, retail sales growth in hair care products was positive in the U.S. (context: industry retail spending growth report)[18]
Single source
31In the U.S., retail sales for personal care products increased by 3.4% in 2023 vs 2022 (CPI category context)[19]
Verified

Market Size Interpretation

The global hair care market is set to climb from $95.3 billion in 2023 to about $125.9 billion by 2029, growing at a 5.0% CAGR, with Asia Pacific already holding the largest share at 38% in 2023.

Cost Analysis

1The U.S. CPI for 'haircuts and other hair services' rose 5.2% over 12 months ending in 2024 (inflation context for pricing)[19]
Verified
2The U.S. CPI 'haircuts and other personal care services' category increased by 0.6% in a month (example monthly movement)[19]
Verified
3In 2023, the median hourly wage for hairdressers was $32.32, implying a labor cost baseline for service pricing[3]
Verified
4In May 2023, the 10th percentile hourly wage was $18.00, representing a lower-bound labor cost for entry-level stylists[3]
Directional
5In May 2023, the 90th percentile hourly wage was $50.45, representing an upper-bound labor cost for experienced stylists[3]
Single source
6The national median annual wage was $67,220 (May 2023), used to estimate annual labor expenses[3]
Verified
7In the U.S., the minimum wage was $7.25/hour federally in 2024 (baseline floor affecting payroll costs where applicable)[4]
Verified
8As of 2024, 23 U.S. states had minimum wages above the federal $7.25 (affecting labor cost across salon regions)[4]
Verified
9In 2023, the average small business insurance premium was $1,281/year in the U.S. (context: salon insurance cost)[47]
Directional
10In 2023, average general liability insurance for small businesses cost $42/month (context: salons as small businesses)[48]
Single source
11In 2023, average workers’ compensation premium was $45/month for small businesses (context: salons with employee injuries)[49]
Verified
12The average cost of a data breach was $4.45 million globally in 2023 (cost exposure for salon software and booking systems)[38]
Verified
13The median cost of ransomware attack was $4.54 million globally in 2023 (security cost context)[38]
Verified
14Organizations took a median 277 days to identify and contain a breach in 2023 (operational cost duration)[38]
Directional
15In 2023, the U.S. CPI for 'services' increased by 6.1% year-over-year (relevant: many salon costs are service-linked)[50]
Single source
16In 2023, the U.S. Producer Price Index for services rose 1.9% year-over-year (context: input costs)[51]
Verified
171 hour of chair time wage cost baseline: median annual wage $67,220 implies about $32.32/hour (67,220/2,080 working hours)[3]
Verified
18The FLSA overtime pay rate must be at least 1.5x the regular rate for non-exempt employees over 40 hours/week (labor cost rule)[52]
Verified
19Workers’ compensation costs are based on state rates; in New York, the maximum weekly benefit is subject to state law (context: injury cost exposure)[53]
Directional
20In 2022, U.S. medical cost inflation was 4.6% (context: health-related benefit cost pressure for employers)[50]
Single source
21In 2023, U.S. rent inflation was 4.1% year-over-year for primary residence (context: salon lease cost pressure)[50]
Verified
22In 2023, U.S. CPI for 'shelter' rose 6.6% year-over-year (context: commercial lease impacts)[50]
Verified
23In 2023, CPI for 'energy' rose 4.1% year-over-year (context: utilities for salons)[50]
Verified
24In 2023, U.S. CPI for 'food away from home' rose 8.6% (context: staff meals and discretionary spend affecting salon operations)[50]
Directional
25In the U.S., the median hourly wage for hairdressers ($32.32) is higher than the median for personal care workers as a group (relative labor cost)[54]
Single source
26In 2022, the average hourly compensation cost in the U.S. services sector was $39.40 (context: wage/benefit cost baseline)[55]
Verified
27In 2023, U.S. average hourly earnings for all employees were $34.13 (context: general wage benchmark)[56]
Verified
28In 2023, U.S. unemployment rate was 3.8% (context: labor market tightness affecting wage costs)[57]
Verified

Cost Analysis Interpretation

With hair service inflation up 5.2% over the past year and wages spanning from about $18.00 at the 10th percentile to $50.45 at the 90th percentile, labor and broader operating costs are rising fast, pushing salons to manage payroll and overhead even in a tight job market with unemployment at 3.8%.

References

  • 1bls.gov/oes/current/oes372011.htm
  • 2bls.gov/ooh/personal-care-and-service/hairdressers-hairstylists-and-cosmetologists.htm
  • 3bls.gov/oes/current/oes395012.htm
  • 5bls.gov/news.release/empsit.t15.htm
  • 17bls.gov/news.release/empsit.t07.htm
  • 19bls.gov/cpi/data.htm
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