Gross Income Grows by Average of $4,500 in Each of Past 5 Years
Over the past 10 years, the average annual gross income for full-time farriers increased from $79,585 to $102,203 in 2018.
During the same 10-year time span, the average annual gross income for part-time farriers increased from $24,092 in 2008 to $26,148 in 2018.
— 2018 American Farriers Journal Farrier Benchmark Study
Staying Safe is Critical
Safety in the workplace is a major concern among farriers. Only 32% of full-time farriers are willing to work alone when trimming or shoeing. Another 30% sometimes do, but prefer not to work alone.
Another 30% of full-time farriers rarely work alone, while 8% of farriers refuse to never trim and shoe without someone else being present.
— 2018 American Farriers Journal Farrier Benchmark Study
Friday's Farrier Facts & Figures is brought to you by Markel Insurance. 
Markel Corporation (NYSE – MKL) is a holding company for insurance, reinsurance, and investment operations around the world. Headquartered in Richmond, Virginia and founded in 1930, Markel reports its ongoing underwriting operations in three segments, and products originate from four insurance divisions and one reinsurance division. Markel Ventures, a subsidiary that makes strategic investments in companies outside of the insurance marketplace, is another important component of our business.
In each of our businesses, we seek to deliver innovative products and responsive customer service so that we can be a market leader. Our time horizon is long-term, our underwriting approach is disciplined, and our focus is on continuously improving the quality of the customer experience. Our financial goals are to earn consistent underwriting and operating profits and to combine those profits with superior investment returns to build shareholder value.
