Nothing boosts confidence like a good haircut. But what do the US hair salon industry statistics tell about our love for all things hair?
US Hair Salon Industry Statistics
- The market size of the hair salon industry is expected to increase by 7.1% in 2022. (Ibis World)
- Between 2017 and 2022, the hair salon industry market size declined by 0.6% per year on average. (Ibis World)
- The market size of the hair salon industry is expected to stand at $48.3 billion in 2022. (Ibis World)
- Hair salons account for 95% of the US hair salon market, with barbershops mainly tailored towards men accounting for 5%. (First Research)
- According to a survey done in 2019, over 15.5 million Americans visited professional hair coloring services at least four times in the space of six months. (Statista)
- More than 75% of hair salon revenue comes from people over the age of 34. (Ibis World)
- The average cost of a haircut in US salons can range from $10 to $90, with men’s haircuts costing on average between $15 and $40. (Style Seat)
- Hair styling costs in US hair salons can range from $10 to $65, with special occasion styling costing between $40 to $325 on average. (Style Seat)
- The cost of dying your hair can vary, and hair salons can charge anything between $75 to $200 on average. (Style Seat)
- Omaha in Nebraska had the lowest average haircut cost in one study. (You Probably Need a Haircut)
Running a Hair Salon
- There were around 979,236 hair salon businesses in the US in 2022. (Ibis World)
- The number of hair salons in the US increased by 1.1% from 2022. (Ibis World)
- California has the most hair salons (8,471), followed by New York (7,770) and Florida (7,453). (Ibis World)
- 60% of beauty salons in the US are owned by women. (The Professional Beauty Association)
- 75% of barbers in the US are self-employed. (Trafft)
- A typical US hair salon is about 1,000 to 1,500 square feet. (First Research)
- Building a brand-new salon can cost anything from $100,000 to $500,000. (Trafft)
- Buying an already operational hair salon in the US can cost between $40,000 to $250,000. (Trafft)
- The average cost for hair salon equipment and tools is $5,000. (Appoint Fix)
- In one survey, 60% of hairstylists said that owning a hair salon was “very hard” and “harder than expected. (Appoint Fix)
- Operating expenses, such as rent and labor, account for almost 80% of a hair salon’s revenue. (First Research)
- Hair styling products only make up 5% to 25% of a hair salon’s sales. (First Research)
- Hair styling products still have a higher profit marking, around 50% on average. (First Research)
- Male and female hairstylists have a pay gap, with men earning $37,784 and women $35,817 on average. (All Things Hair)
- In 2019, the median hourly wage for hairdressers and hairstylists was $12.54. (Trafft)
