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Incomes vary widely depending on a barber's experience, the location of the shop, the number of hours worked, tipping habits of the clientele, and whether or not a barber owns the business. The personality and initiative of a barber also impacts the ability to draw a loyal following. In August 2019, reported that the average salary for barbers was $31,254. The U.S. Department of Labor reported that, in May 2018, the median annual income for full-time, salaried barbers, including tips, as $27,960. The highest paid 10 percent earned more than $52,600 per year, while the lowest paid 10 percent earned less than $19,280 annually. Many established barbers and barber/owners earn incomes that well exceed the median.

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