wages range from minimum wage to union wages of approximately $30.00+ per hour. The more experience the locksmith has the higher their salary potential. Being self-employed owning and running your own locksmith company monthly gross sales range from a low of $3000 per month to $10,000+ per month.

Do locksmiths make a lot of money?

An average locksmith salary, it's probably anywhere between $40,000 to $60,000 a year. Then, you have people that provide emergency services, technicians that work at night will make a substantial amount more — probably double if the company has enough work to provide.

How profitable is a locksmith business?

How much profit can a locksmith business make? ... Because it's a low-overhead business, most of what you charge is profit. A one-person locksmithing business can clean between $40,000 and $60,000 per year. However, if you employ other locksmiths, there's no reason you can't make a million dollars or more.