The Median Income of an Uber Driver in NYC Is Nearly $100,000Uber published some staggering figures on its company blog about how much money its drivers make.

ByGeoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Not even Ryan Gosling could make being adriverlook so good.

Transportation startup Uber announced some staggeringfigureson its company blog yesterday: the median UberX driver in New York City who works 40 hours per week pockets an annual salary of $90,766. (UberX is the company's lower-priced service, comprising hybrid and mid-range cars.)

This stands in stark contrast to the average New York taxi driver's salary, whose mediantake-homeis $38,357 per year, according to Salary.com.

Uberalso noted that San Francisco drivers make, on average, $74,191 each year, and that the company generates 20,000 new driver jobs every month, contributing $2.8 billion to the U.S. economy every year.

Related:Is Your Company Marketing Like a Taxicab Business in the Age of Uber?

"In contrast, the nation's taxi drivers are often below the poverty line," Uber wrote, "required to spend $3,500/month -- over $40,000/year -- just to lease their taxi, so that wealthy taxi company owners can reap the benefits of drivers having no other option to make a living."

Even though Uber boasts that it has served as a business-building platform for "hundreds of thousands of entrepreneurs," many professional taxi drivers in New York also double as Uber drivers -- who work, on average,far morethan 40 hours per week.

That said, it is unclear whether the $90,766 figure refers to combined income or if it represents independent operators. Also in question is how many hours per week the average Uber driver drives.

The company did not respond to request for comment.

Related:Lyft Gets a Serious Lift: Uber Competitor Expands to 24 More Cities

Wavy Line
Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Editor's Pick

Related Topics

Business News

What Is a 'Lazy Girl Job'? New TikTok Trend Empowers Women to Work However They Want

The trend began as a way for women to find more free time during their days.

Business Process

The Strategy You Need to Make Sure Your Company Can Keep Up in Today's Business World

Discover a superior alternative to a traditional business strategy that prioritizes adaptability, innovation and speed in execution, explores its benefits for entrepreneurs, see real-world scenarios and learn core principles and rules to propel organizations forward with clarity, simplicity and action.

Devices

This Versatile MacBook Is Only $299.97 During the Back-to-School Sale

Fid out how to get a MacBook Air that's sleek, portable, and reliable for a great price.

Business Ideas

The Top 10 Home Business Ideas for 2023

Can't figure out which enterprise you should launch in 2023? Check out 10 stellar home business ideas to get inspiration.

Thought Leaders

I Pitched 300 People a Day For 1 Year — and Learned This Impactful Entrepreneurial Lesson

工作后自己骨头投球300不太和谐le each day for one year, I came out of that experience as a new man — but surprisingly, an unhappier one. Here's what I learned.