​

Side Hustles 2024 - Uber, Uber Eats, and Lyft break Down.

Here’s the question. Can you still make money with Uber, Uber Eats, and Lyft in 2024 as your side hustle, or is it too saturated and not worth the time?

In my side hustle series I researched broke down everything i could find on this side hustle for 2024. Heres some of what I found.

The whole breakdown is here 👉 https://milesinsights.org/side-hustle-uber-uber-eats-lyft/

​

Now I know, you may think these are already covered everywhere else and are old side hustles. But the truth is, they still work and Uber and Lyft are both expanding to more industries giving you the opportunity to make money in more ways! For example, in 2023, Uber had 137 Million users, Uber Eats had 95 Million active users, and Lyft had 21.4 Million active riders. That’s a lot!

Lets break down the facts of this side hustle to find out, is being an Uber driver worth it in 2024, and is Uber Eats a good side hustle.

Latest Data::

$38,602 - Average Salary of Uber drivers in 2023

$5,640 - Uber Eats drivers Average Salary in 2023

$38,803 - Average Salary of Lyft drivers in 2023

Uber:

• Uber drivers have an hourly wage range that goes from $15 to $23, averaging $19 per hour.
• The average annual salary for Uber drivers is between $32,102 to $47,102, with $38,602 being the average.

Uber statistics found from skillademia.

Uber Eats:

Uber Eats is a great way to make money on the side. Here is a break down with the latest salary prospects for 2024.

The average Uber Eats driver rakes in around $15.84 per hour, which translates to roughly $126.72 for an 8-hour shift.In high-rolling cities like San Francisco, the hourly rate can soar to a whopping $26.27, potentially netting you a cool $210.16 for a full day.Monthly earnings can range from $2,384 to $2,534.40 in most areas, but in lucrative markets, you could be looking at $2,720 to $4,203.20.

Of course, factors like location, demand, and the percentage Uber takes from each delivery can impact your overall earnings.

This information is based on the article by Route4Me.

Lyft:

Here are the average salaries for Lyft drivers based on all our research.

The median Lyft driver earns $23.46 per engaged hour (time spent on rides) after expenses, tips, and bonuses

In 2023, the median U.S. Lyft driver earned $30.68 gross per engaged hour, an 18% increase since 2019

The average Lyft driver earns a median salary of $38,803 per year, which comes to $106.31 per day

Actual earnings vary widely based on location, hours worked, strategies used, and expenses

Find more info on all the side hustles here

👉 https://milesinsights.org/side-hustles-that-pay-weekly/

​