Sunday, February 3, 2013

Massage Therapy Salary - A Booming Business


In May 2006, the median massage therapist salary and hourly earnings, with tip, were $16.06. The middle 50 percent earned an hourly wage of $10.98 - $24.22. The lowest 10 percent earned an hourly wage of less than $7.48, and the highest 10 percent earned and hourly wage of more than $33.83.

They typically earn 15 to 20 percent of their massage therapist salary as tips. For those who work in a hospital or other clinical setting tips are not common. Of the 118,000 in the US, 64% were self-employed in 2006. In addition, there is a significant number of massage therapists who work part-time, which may bring the number of actual practitioners up to 200,000.

Most don't get a salary as we typically define it. Most are self-employed, owning their business and are independent contractors who bill hourly. Indeed, some are fully employed by hospitals, fitness centers, clinics, sporting facilities and the like. Even most of them are also paid on an hourly basis. So when we refer to their salary, we are talking an hourly wage.

Demand for jobs in massage therapy are rapidly increasing in demand. It is projected that the demand for these jobs will increase by 20% by 2016, but we don't know yet how that will affect the salaries because we're not sure what the market will be like. What we do know is that this will be a booming industry. Those with the right qualifications in various forms of massage therapy and those with good interpersonal skills will be able to compete the best for these jobs and do the best when it comes to making money.

Due to an increase in awareness of health issues, alternative medicines, and natural therapies, the massage therapy industry will boom with it, but again, we still don't know how it will affect salaries. In addition, the graying baby boomers who are increasingly retiring and entering into the elderly stage in life, will require massage therapy as a source of health and well being.

84% of massage therapists were women. We don't know the differences in income between the two sexes. This data comes from the US Bureau of Labor Statistics.

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