Architects in Georgia Earn a Median Adjusted $85K Per Year
Thursday, July 7th, 2022
The U.S. economy today has no lack of opportunities for architects. An ongoing shortage of housing stock contributed to the dramatic spike in housing prices over the last two years, illustrating a need for professionals who can help make design and construction more affordable and efficient. The threat of climate change has increased interest in designers with expertise in energy efficiency, sustainability, and resilience. And the landmark Bipartisan Infrastructure Law passed in 2021 will pour billions of dollars into projects requiring the services of architects, engineers, and other design professionals.
While demand for architects’ services appears likely to remain high and even grow in coming years, the future of overall employment in the field is more uncertain. The Bureau of Labor Statistics projects 3% growth in employment for architects by 2030, a rate slower than the average for all occupations. While retirements and transitions to different industries will continue to create job openings, improved software and technologies have made architects more productive. This means that fewer architects will be needed to handle similar volumes of work.
Recent employment data has already shown signs of potential decline in the field. Like many other construction-related occupations, total employment for architects fell sharply when the housing bubble burst and the Great Recession began. From 2008 to 2012, the number of architects in the U.S. declined by more than a quarter, a rate of employment loss far greater than the economy as a whole experienced. But even after recovering to near pre-recession levels in 2019, total employment for architects has remained down over the past two years.
Strong educational and licensure requirements for practitioners also constrains the supply of new architects. To practice as an architect, one must usually obtain a bachelor’s or master’s degree in the field, complete a multi-year internship, pass a licensing exam, and meet continuing education requirements. But because of the specialized knowledge and training required to practice in the field, architects tend to be well-compensated compared to other occupations. From 2001 to 2020, the median wage for an architect was more than double the median wage for all occupations, though this gap narrowed slightly in 2021. The overall median wage for an architect today sits at $80,180.
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