How much money do Lyft drivers make in Memphis?
Lyft Pay Memphis – Memphis Lyft driver Salary
How much do Lyft drivers make in Memphis?
We estimate that a typical Lyft drivers’ salary in Memphis, Tennessee is approximately $36,535 per year.
Lyft Driver Hours & Expenses in Memphis
Assuming that an average Memphis-based Lyft driver works thirty hours per week, it is possible to estimate the earnings of a Memphis Lyft driver:
- An average trip for a Lyft driver pays out approximately $11.71 in the Memphis area.
- Lyft drivers are able to complete about two full trips per hour (i.e., a total of $23.42).
Since an average Memphis-based Lyft driver works about 30 hours per week, their total earnings amount to approximately $702.60 per week.
This equates to a yearly salary of $36,535 for a Lyft driver in Memphis.
Driver Expenses in Memphis
A Lyft driver’s revenue in Memphis is a gross salary estimate (and does not factor in Lyft’s commission, or other operating costs, including vehicle maintenance, taxes, fuel, etc).
However, costs differ significantly by vehicle (and driver) – income also depends, to a large degree, on when & where Lyft drivers choose to drive.
Best Locations for Lyft Drivers in Memphis:
- Beale Street Historic District
- Dixie Homes
- Downtown Memphis
- Foote Homes
- Memphis International Airport
- Rosemary Lane
Best Times for Lyft Drivers in Memphis:
- 9:00pm – 2:30am
Weekday High-Demand Hours:
- Morning: 5:30am – 8:30am
- Evening: 4:30pm – 6:45pm