Solo Architects That Operate as Sole Proprietors Saw a 21% Increase in Income From 2017 to 2019

Solo architects that operate as sole proprietors saw a 21% increase in income from 2017 to 2019. These architects saw their net profits increase by 20% or more over that same two-year period. This is akin to the growth that executive-level staff saw at larger firms. Across the board, most staff at small firms saw salary increases over the last two years, though at lower levels. These include a 20% growth for principals at firms organized as sole proprietorships, 12% for designers, 10% for principals at small firms that were not sole proprietors, and 7% for emerging architecture professionals.