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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 editor@instoremag.com.

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SPONSORED VIDEO

Moving Up — Not Out — with Wilkerson

Trish Parks has always wanted to be in the jewelry business and that passion has fueled her success. The original Corinth Jewelers opened in the Mississippi town of the same name in 2007. This year, Parks moved her business from its original strip mall location to a 10,000-square foot standalone store. To make room for fresh, new merchandise, she asked Wilkerson to organize a moving sale. “What I remember most about the sale is the outpouring excitement and appreciation from our customers,” says Parks. Would she recommend Wilkerson to other jewelers? “I would recommend Wilkerson because they came in, did what they were supposed to and made us all comfortable. And we met our goals.”

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