Many locksmiths earn over six figures through experience, reputation, and diversified skills. Locksmiths providing after-hours and emergency services may boost earnings through fees and charges.
Earning Potential
Self-employed locksmiths see monthly gross sales ranging from $3,000 to over $10,000 depending on effort and location. An industry standard is $10,000 monthly per service vehicle. While services sell themselves, more traction comes from partnering with small and medium businesses.
Career Outlook
Independent locksmith contractors can have higher profits than employee locksmiths due to lower overhead costs. The trade requires creativity, logic, and dexterity to solve problems. Accessing training to become a locksmith is straightforward.
Some famous figures trained as locksmiths early, gaining skills aiding later endeavors. As the security industry changes, progressive locksmiths must adapt to remain relevant. With skills and business sense, there is opportunity to earn a good living.