How Much Do Lyft Drivers Make in Memphis?

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
  • Lenox
  • Memphis International Airport
  • Rosemary Lane
Best Times for Lyft Drivers in Memphis:

Friday/Saturday Evenings:

  • 9:00pm – 2:30am

Weekday High-Demand Hours:

  • Morning: 5:30am – 8:30am
  • Evening: 4:30pm – 6:45pm

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