How much money do Lyft drivers make in New York?
Lyft Pay New York – New York Lyft Driver Salary
How much do Lyft drivers make in New York? In this post, we explore the question of Lyft driver salaries in NYC.
Our estimate for an Lyft driver’s salary in New York is $66,456.
Lyft Driver Hours & Expenses in New York
Assuming that an average New York-based Lyft driver works around 30 hours per week, it is possible to project their yearly earnings:
An average trip for a Lyft driver pays out approximately $14.20 in the New York area.
Lyft drivers are able to undertake approximately three full trips per hour in Manhattan (equating to an hourly total of $42.60).
Since a typical Lyft driver works about thirty hours per week, the total per-week earnings of a driver are $1278.00— making a year’s salary for a New York-based Lyft driver approximately $66,456.
Lyft Drivers in New York – Expenses & Commission
A Lyft driver’s revenue in New York is a gross salary estimate (and does not factor in Lyft’s 25% commission, or other operating costs, including gas expenses or vehicle maintenance).
However, costs differ significantly by vehicle and driver – a driver’s income also depends on overall driving strategy (i.e., when and where an NYC Lyft driver chooses to drive).
For drivers who target high-demand areas of New York (and who prioritize driving on weekends), income will often be higher.
Moreover, Lyft drivers who use fuel-efficient or hybrid vehicles will likely be rewarded with higher margins, as compared to typical Lyft drivers.
Best Locations for Lyft Drivers in New York:
Friday & Saturday Evenings
Upper East Side
Best Times for Lyft Drivers in New York:
Weekend/Friday & Saturday Nights:
8.00pm – 3.00am