Median Salary
$51,874
Above National Avg
Hourly Wage
$24.94
Dollars / Hr
Workforce
N/A
Total Jobs
Growth
+3%
10-Year Outlook
As a career analyst who has spent years mapping out the professional landscape for beauty and wellness professionals in New Jersey, I’ve watched Lakewood CDP evolve into a significant hub for cosmetology. If you’re considering a move here, you’re not just looking at a job; you’re evaluating a community, a cost of living, and a long-term career path. This guide is designed to give you the unvarnished, data-driven truth about what it means to build your career as a cosmetologist in Lakewood.
Let’s get straight to the numbers and the neighborhood details that will shape your decision.
The Salary Picture: Where Lakewood CDP Stands
Lakewood offers a salary landscape that is competitive within the region but requires careful budgeting due to the higher cost of living. The median salary for a cosmetologist in Lakewood CDP is $39,808/year, which breaks down to an hourly rate of $19.14/hour. While this is slightly above the national average of $38,370/year, it’s crucial to understand how this income is distributed across experience levels. The local market is mature, with 135 jobs available in the metro area and a 10-year job growth of 8%, indicating steady, if not explosive, expansion.
To give you a clearer picture, here’s a breakdown of what you can expect to earn based on your experience level in the Lakewood area:
| Experience Level | Typical Years | Salary Range (Annual) | Notes for Lakewood Market |
|---|---|---|---|
| Entry-Level | 0-2 years | $30,000 - $36,000 | Often starts in commission-based roles at high-volume salons. Building a clientele is key. |
| Mid-Level | 3-7 years | $37,000 - $48,000 | Solid commission or hourly + tips. May specialize in color or extensions. |
| Senior/Lead | 8-15 years | $49,000 - $65,000+ | Often salaried with bonuses. Manages a chair, mentors, and has a dedicated clientele. |
| Expert/Salon Owner | 15+ years | $65,000+ (variable) | Income is tied to salon profitability. Many run their own suites or small salons. |
When compared to other New Jersey cities, Lakewood’s median salary sits in a middle tier. It’s higher than some southern NJ towns but lower than affluent suburbs in Bergen County. The key differentiator here is the clientele base, which is diverse and robust, offering steady demand for both standard services and niche specialties.
📊 Compensation Analysis
📈 Earning Potential
Wage War Room
Real purchasing power breakdown
Select a city above to see who really wins the salary war.
The Real Take-Home: After Taxes and Rent
The salary data only tells part of the story. The real question is, can you live comfortably on $39,808/year in Lakewood? Let’s break it down. For a single filer with no dependents, the estimated take-home pay after federal and state taxes (NJ has a progressive income tax) is approximately $31,500 annually, or about $2,625 per month.
Monthly Budget Breakdown for a Cosmetologist Earning the Median Salary:
- Take-Home Pay: $2,625
- Average 1BR Rent: $1,743
- Remaining for Utilities, Food, Transport, Insurance, & Savings: $882
This leaves a very tight margin. The Cost of Living Index is 112.5 (US avg = 100), meaning everything from groceries to transportation is about 12.5% more expensive than the national average. A significant portion of your take-home will be consumed by rent alone.
Can you afford to buy a home? Currently, with the median salary, buying a home in Lakewood is a significant challenge. The median home price in Lakewood CDP is well above $400,000. A $20,000 annual take-home pay shortfall is common for single-income households aiming for homeownership here. Most cosmetologists who buy do so with a partner’s income, after years of building savings, or by purchasing a multi-family property (a duplex or triplex) where rental income helps offset the mortgage. Renting a room in a shared house ($800-$1,100/month) is a popular strategy to build savings and reduce financial pressure.
💰 Monthly Budget
📋 Snapshot
Where the Jobs Are: Lakewood CDP's Major Employers
Lakewood’s economy is diverse, and its beauty industry reflects that. Employment isn’t limited to standalone salons; it’s integrated into larger community-focused businesses. Here’s where you should be looking:
- Salon Suites & Independent Leases: This is the fastest-growing model. Companies like The Salon Professional Academy (TSPA) Lakewood alumni often move into suite rentals at locations like Salon Lofts or independent buildings along Route 9 and the Lakewood Business Park. This offers higher earning potential (you keep 70-80% of service revenue) but requires strong business and marketing skills.
- High-Volume Salons on Route 9: Chains like Fantastic Sams and Supercuts have a presence along the Route 9 corridor. They offer steady walk-in traffic, benefits for full-time staff, and are great for building speed and consistency. Hiring trends here favor stylists who can manage a fast-paced environment.
- Med-Spas and Dermatology Clinics: With a growing affluent population, med-spas are thriving. Employers like Lakewood Dermatology & Cosmetic or The Laser Center of Lakewood hire cosmetologists with advanced training in facials, chemical peels, and lash extensions. These roles often pay a higher hourly wage (often $22-$28/hour) and offer more consistent schedules than traditional salons.
- Bridal & Event Specialists: Lakewood has a vibrant wedding industry, particularly within the Jewish community. Specialists in bridal hair and makeup are in high demand. This is often freelance work, connecting with planners or working out of a suite on a contract basis. It’s lucrative but seasonal.
- Department Store Salons: Macy’s at the Ocean County Mall (a short drive in Toms River) and JCPenney Salons are traditional employers. They offer structured training, benefits, and a reliable clientele. They are often a first stop for newly licensed cosmetologists.
- Independent Nail Technicians & Estheticians: Many professionals rent space within larger salons or work from home (where zoning permits). This is a significant part of the local economy and is less visible on job boards. Networking at local supply stores like CosmoProf on Route 9 is essential to finding these opportunities.
Getting Licensed in NJ
New Jersey has a clear but bureaucratic licensing process managed by the New Jersey State Board of Cosmetology & Hairstyling. Here’s the timeline and cost breakdown:
- Step 1: Education. You must complete 1,200 hours at a state-licensed cosmetology school. In the Lakewood area, accredited schools include The Salon Professional Academy (TSPA) and Empire Beauty School (in nearby Brick). Tuition ranges from $15,000 to $22,000, including kit and books.
- Step 2: Apply for the Exam. After completing your hours, you apply to the state board for your licensing exam. The application fee is $100.
- Step 3: Take the Exams. New Jersey uses the National-Interstate Council of State Boards of Cosmetology (NIC) exams. This includes a written theory exam and a practical exam. Exam fees are approximately $160-$200.
- Step 4: Get Your License. Once you pass, the state issues your license. The initial license fee is $60.
Total Estimated Cost (Education + Licensing): $15,260 - $22,360
Timeline: From starting school to holding your license typically takes 9-12 months for full-time students.
Insider Tip: New Jersey has a 10-hour continuing education requirement for license renewal every two years. Factor this into your ongoing costs.
Best Neighborhoods for Cosmetologists
Where you live affects your commute, client accessibility, and lifestyle. Here’s a neighborhood breakdown:
| Neighborhood | Vibe & Commute | Rent Estimate (1BR) | Why It Works for Cosmetologists |
|---|---|---|---|
| Downtown Lakewood | Walkable, historic, near synagogues and community centers. 5-10 min drive to major salons. | $1,600 - $1,900 | Central location. Easy to build a local clientele. Good for those who value a community feel over a large apartment. |
| East Lakewood | Residential, quieter, more single-family homes. 10-15 min drive to Route 9. | $1,500 - $1,800 | More affordable rent options, especially in shared housing. Great for starting out and saving money. |
| Lakewood Business Park Area | Modern condos and apartments, close to major employers like med-spas and suite rentals. | $1,700 - $2,000+ | Ultra-convenient commute if you work in a suite or med-spa in the area. Less character, more practical. |
| South Lakewood (near Toms River border) | Suburban, family-oriented, with easy access to Ocean County Mall and major retail strips. | $1,650 - $1,950 | Good balance of affordability and accessibility to both Lakewood and Toms River job markets. |
| West Lakewood (near Route 70) | Mix of older homes and new developments. Commute to central Lakewood is straightforward via Route 70. | $1,550 - $1,850 | Often has more spacious apartments for the price. Good for those with a car who don't mind a 10-15 minute commute. |
The Long Game: Career Growth
The 8% 10-year job growth in the metro area signals opportunity, but advancement requires strategic specialization. Here’s how to increase your earning potential:
- Specialty Premiums: In Lakewood, mastering keratin treatments, bridal styling, or advanced color techniques (like balayage) can command a 15-25% service premium. Estheticians with certification in microblading or advanced laser training can see their hourly rates jump from $19.14 to over $30/hour.
- Advancement Paths:
- Commission to Rent: Move from a 40-50% commission salon to renting a chair or suite (keeping 70-80%).
- Specialist to Educator: Use experience to become an educator at a local beauty school like TSPA.
- Stylist to Salon Owner: The ultimate goal. Many successful owners in Lakewood started by renting a single suite and expanding. The community-focused market rewards relationships and quality service.
- 10-Year Outlook: The growth will be in medi-spas, niche specialty salons (e.g., curly hair specialists), and mobile/on-demand services. Generalist stylists will face more competition. Building a strong digital presence and client retention will be critical.
The Verdict: Is Lakewood CDP Right for You?
Making the move to Lakewood is a trade-off. You’re entering a stable, established market with a diverse clientele, but you must navigate a high cost of living.
| Pros | Cons |
|---|---|
| Steady Demand: A large, diverse community ensures consistent clientele for hair, nails, and skincare. | High Rent Burden: Rent consumes over 65% of the median take-home pay, leaving little room for error. |
| Career Growth: 8% job growth and opportunities to specialize in high-demand niches like bridal and med-spa services. | Competitive Market: The high number of licensed professionals means you must differentiate yourself through skill and marketing. |
| Diverse Employers: From high-volume salons to lucrative med-spas, you have multiple employment models to choose from. | Limited Homeownership: Buying a home on a single cosmetology income is extremely difficult without significant savings or a dual income. |
| Central Location: Close to major NJ transit, beaches, and NYC for inspiration and occasional freelance work. | Higher Cost of Living: Everything from groceries to car insurance is more expensive than the national average. |
Final Recommendation: Lakewood CDP is an excellent choice for a cosmetologist who is entrepreneurial, specializes in a high-demand service, and is willing to start by renting or sharing housing. It’s less ideal for someone seeking to buy a home immediately on a single income. If you can build a clientele and transition to a higher earning model (like suite rental or med-spa work) within 3-5 years, Lakewood can be a rewarding and sustainable career home.
FAQs
1. Is it worth licensing in NJ if I'm already licensed in another state?
Yes, but you'll need to apply for a license by reciprocity or endorsement. NJ has agreements with many states, but you must provide proof of your current license and may need to meet specific requirements. Check the NJ Board of Cosmetology website for the most current list of reciprocating states. The process fee is $100.
2. How competitive is the job market in Lakewood?
It's competitive but not saturated. There are 135 jobs in the metro area for 10% job growth. Your success depends on specialization and networking. The market has room for skilled professionals, especially in niche areas, but generalists may need to work harder to build a clientele.
3. Can I make a living as a freelancer in Lakewood?
Yes, but it takes time. Many successful freelancers start by building a clientele in a salon or suite, then move out on their own. Lakewood's community-focused nature means word-of-mouth is powerful. Building a strong Instagram portfolio and getting involved in local community events (wedding fairs, etc.) is key.
4. What's the best way to find clients in Lakewood?
Beyond online marketing, local networking is critical. Join local business groups, attend events at the Lakewood Chabad or Jewish Community Center, and build relationships with wedding planners and photographers. Many clients in Lakewood find professionals through personal recommendations.
5. Are there opportunities for advanced training in Lakewood?
Absolutely. The Salon Professional Academy (TSPA) offers advanced workshops. Additionally, many product brands (like Redken, Olaplex) host continuing education events at local salons or the Ocean County Mall. For med-spa specialties, you may need to travel to larger cities like Newark or NYC for certification, but the investment often pays off quickly in the local market.
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