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Here’s How Much the Average Independent Jeweler Earns – How Do You Compare?

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See how much your peers are making.

As a hard-working jeweler, have you ever wondered how your personal earnings stack up to those of your peers?

Of course you have! After all, you’re only human.

So for INSTORE’s 2017 Big Survey, we asked: “How much did you earn last year from being a jewelry-store owner (including salary and share of profit)?”

SEE MORE  BIG SURVEY 2017 STORIES

As you can see in the chart below, $100,000 was the most frequently cited figure.

That was below the average of $110,971, but higher than the median of $90,000.

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You can see all the results of the 2017 Big Survey in the October edition of INSTORE.

I made less

2017
 

10%

 
2011
 

10%

 

I made about the same

2017
 

11%

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2011
 

10%

 

25% more

2017
 

20%

 
2011
 

17%

 

50% more

2017
 

16%

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2011
 

19%

 

100% more

2017
 

10%

 
2011
 

11%

 

3x more

2017
 

13%

 
2011
 

12%

 

5 or more times

2017
 

6%

 
2011
 

8%

 

No staff/NA

2017
 

15%

 
2011
 

15%

 

Over the years, INSTORE has won 80 international journalism awards for its publication and website. Contact INSTORE's editors at [email protected].

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SPONSORED VIDEO

Thinking of Liquidating? Wilkerson’s Got You Covered

Bil Holehan, the manager of Julianna’s Fine Jewelry in Corte Madera, Calif., decided to go on to the next chapter of his life when the store’s owner and namesake told him she was set to retire. Before they left, Holehan says they decided to liquidate some of the store’s aging inventory. They chose Wilkerson for the sale. Why? “Friends had done their sales with Wilkerson and they were very satisfied,” says Holehan. He’d enthusiastically recommend Wilkerson to anyone looking to stage a liquidation or going-out-of-business sale. “There were no surprises,” he says. “They were very professional in their assessment of our store, what we could expect from the sale and they were very detailed in their projections. They were pretty much on the money.”

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