Blacksmiths who work in structural metal fabricating make an average annual salary of $35,900 per year. Those who work as welders, cutters, solderers or brazers make an average of $34,740 per year.
According to The American Farrier’s Journal, blacksmiths who are self-employed and work part time make an average of $20,000 per year.
Wages for blacksmiths who create ornamental pieces vary greatly. Because most of this work is done on an ad-hoc basis for individual clients, there is no data that shows the amount of earnings for blacksmiths that work as artisans.
Geographic location, education and level of experience all help to determine the annual wage for a blacksmith.