How Much Do Lyft Drivers Make in Miami?

How much money do Lyft drivers make in Miami?

Lyft Pay Miami – Miami Lyft driver Salary 

How much do Lyft drivers make in Miami?

Below, we investigate the subject of Lyft driver earnings in Miami, Florida, and project that a typical Lyft drivers’ salary is in the range of $41,028 per year.

Lyft Driver Hours & Expenses in Miami

Assuming that an average Miami-based Lyft driver works thirty hours per week, it is possible to estimate the earnings of a Miami Lyft driver, via the following calculations:

  • An average trip for a Lyft driver pays out approximately $13.15 in the Miami area.
  • Lyft drivers are able to complete about two full trips per hour (i.e., a total of $26.30).

Since an average Miami-based Lyft driver works about thirty hours per week, total revenue equals $789.00 per week.

This equates to a yearly salary of approximately $41,028, for a typical Lyft driver operating in and around the Miami, Florida area.

Driver Expenses & Lyft Commission

Our projection of a Lyft driver’s yearly salary in Miami is a gross salary estimate (and does not factor in Lyft’s commission, or other operating costs, including vehicle maintenance, taxes, fuel, etc).

However, it is worth noting: costs differ significantly depending on driver, and vehicle. Driving a fuel-efficient or hybrid vehicle may greatly lessen a driver’s operating expenses, and allow drivers to keep a larger share of their revenue.

And, for drivers who specifically target high-demand areas of Miami, income will likely be higher.

Best Locations for Lyft Drivers in Miami:
  • Aventura
  • Bay Harbor Islands
  • Biscayne Park
  • Downtown Miami
  • Fort Lauderdale
  • Fort Lauderdale – Hollywood International Airport
  • Hollywood
  • Lauderdale-by-the-Sea
  • Miami Beach
  • Miami Shores
  • Oakland Park
  • South Miami
Best Times for Lyft Drivers in Miami:

Friday & Saturday Evenings:

  • 9:00pm – 2:00am

Weekday High-Demand Hours:

  • Morning: 6:00am – 8:00am
  • Evening: 4:00pm – 6:00pm

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