Advertise Follow Us
Every 2 years, American Farriers Journal surveys the industry based in the United States to take its financial pulse. The most recent Farrier Business Practices Survey examined a multitude of factors during 2021. The results reveal that overall the industry has seen substantial financial gains. In almost every financial measurement, farriers increased revenue from 2 years prior — which also saw considerable gains. For example, the annual gross income of a full-time farrier grew by $7,046 (6% increase), while part-time shoers grew their annual income by nearly $3,800 (13% increase).
This was the 18th edition of this benchmark study. These results not only document how the industry is doing nationally and regionally, but also provide crucial figures for farriers to adjust their practices. The manufacturers and suppliers serving the farrier industry also glean data about the U.S. market that influences their planning.
This comprehensive survey asks more than 75 questions, including queries on location, pricing for specific work, financial planning, industry relations and more. We’ll provide a picture of the industry with this article, and continue to share facts and figures from this survey in the coming months. In particular, we can examine how farriers in differing regions approach the business of shoeing for specific disciplines.
Outside of the Farrier Business Practices Survey, American Farriers Journal conducts various surveys with the farrier industry throughout the year. In 2020, our surveys revealed farriers finding more business opportunities with current and prospective clients. Going deeper…