We’re taking a look at author revenue 2023 stats and tendencies to present skilled writers and freelance writers an concept of what’s occurring all through the business.
Many individuals marvel whether it is value it to change into a contract author in 2023, particularly with the rise synthetic intelligence software program and different expertise that makes pumping out content material simpler than ever.
There are lots of elements that have an effect on general writing revenue statistics, corresponding to area of interest, sort of writing, and nation. Nonetheless, there may be nonetheless helpful development info and benchmarks we will glean from normal knowledge to present us an general impression of the place the business is at.
One other factor to bear in mind is there are each salaried writing positions and freelance writing choices on this evaluation. This will have an effect on complete revenue as a result of they’re coping with two various kinds of work. Nonetheless, we’ll try to maintain these separate as a lot as potential.
How A lot Can You Earn As A Freelance Author in 2023?
Whereas individuals might joke about being a ravenous artist or dwelling on the whim of the feast and famine cycle, the reality is that the sky’s the restrict for the way a lot you’ll be able to earn from freelance writing.
Additional studying: Survey outcomes: The State of Freelance Writing as of Might 2023
The Content material Advertising and marketing Author
Author Revenue 2023 Stats
There are lots of freelance writers who don’t earn a dwelling wage from their writing, and there are lots of causes for this. Some are doing it as a side-hustle, some are simply getting began. Nonetheless, there are a number of prospects and alternatives when you end up unshackled from a company 9-to-5 job. You may select how a lot you’re employed, how a lot you cost, and if you work. Fairly thrilling, proper?
Extra Employees Are Turning to Freelancing in 2023
Whether or not it’s the want for a aspect hustle or the need to be in charge of your personal schedule, freelancing is on the rise. In response to a examine achieved by Fiverr, 73% of employees are planning to show to freelancing this 12 months.
The Rise of Synthetic Intelligence (AI)
There is no such thing as a doubt that AI is having a big impact on the writing business. Whereas there usually are not a number of stats (but) on how a lot AI is impacting pay or jobs for writers, it has shortly change into a welcome addition in lots of workplaces and organizations.
There are writers who’re involved that AI will change human writers, however extra seasoned professionals aren’t as threatened. They see AI as a device for use, however not one thing that can take away our want for expert wordsmiths.
In fact it could change how we work as writers. For instance, some individuals might use AI software program to generate a top level view or a primary draft, however somebody should give the software program prompts, verify the output for accuracy, edit for tone, type, and voice, and optimize it for search engine marketing.
The reality is, a number of purchasers have no idea methods to handle written AI work or perceive methods to make it work for his or her enterprise (they usually doubtless don’t have the time to determine it out!).
Whether or not or not you select to work with AI as a author, it will be value it to not less than know the fundamentals.
Common Pay for Writers in 2023
On the time of writing this text (August 2023), the US nationwide common for writing wages is $1,196 per week, or, $5,186 per thirty days. That breaks down to present or take about $30 per hour.
Take note, that is writing as an entire, which encompasses many various positions, roles, firms, and talent ranges.
Relating to full-time wages within the US, the common wage for a author is $66.143.
Writers have the very best salaries in these States:
- Massachusetts
- California
- North Dakota
- Vermont
- Washington
Enjoyable truth: author salaries at Apple are the very best in comparison with some other firm in America.
In 2015, freelance writers earned a median of $21 per hour, so the bounce to $31 per hour is an effective signal.
The Greatest-Paying Salaried Writing Jobs
Should you’re inquisitive about which space of writing to get into, listed here are a number of the highest-paying writing jobs and the present annual wage:
The High Freelance Writing Niches and Forms of Content material
Elna Cain performed this survey to find the perfect niches for creating wealth. Listed here are the outcomes:
- Digital Advertising and marketing
- SaaS/eCommerce
- Well being/Way of life
And as for the most well-liked forms of freelance content material, this similar survey discovered these are essentially the most profitable writing sorts:
- Weblog Writing
- Web site Copy
- Copywriting
- Electronic mail Writing
Future Writing Traits
Sure, studying methods to reside and work with AI shall be necessary, nevertheless it’s not the one development to look at for within the freelancing world.
For instance, extra firms are counting on freelancers as hiring has stalled, in response to Forbes.
One other fascinating stat from this Forbes article is that 33% of US employees really feel like freelancing is the much less dangerous choice in comparison with having a conventional job.
Attention-grabbing!
Is It Nonetheless Value Turning into A Freelance Author in 2023?
Total, sure!
It’s nonetheless value it to pursue freelance writing, whether or not you select to do it full time or as a aspect hustle.
Whereas freelancing is a big time period to explain many various kinds of employees, you must know stats corresponding to Google having extra freelancers (54%) than everlasting employees (46%).
On common, freelance writers earn round $42,000 US per 12 months. Whereas this will likely not sound like a lot to some, be mindful that is making an allowance for all forms of writing incomes—full time, half time, aspect hustles, and lots of various kinds of writing.
Contemplating that freelancing is one thing you can begin or cease at any time, and have as many purchasers as you need (or can deal with), it’s nonetheless a terrific choice to pursue. Plus, bettering your communication, writing, and enterprise abilities isn’t a nasty concept!
In response to findings from a survey of 643 freelancers, 82% of US freelancers are writers and, of that, 24% earn greater than $50,000 a 12 months for his or her freelance writing providers.
Prepared To Grow to be A Freelance Author?
Should you’re prepared to leap into freelance writing, then ensure to take a look at the Freelance Writers Den!
The Den is an internet neighborhood created for freelance writers. It helps them develop their revenue—quick.
It’s simpler than ever earlier than to change into a contract author, however solely when you have the appropriate instruments and ways at your disposal. The Den gives you that plus a lot extra. Be part of in the present day!
