How much money do Lyft drivers make in Raleigh?
Lyft Pay Raleigh – Raleigh Lyft driver Salary
How much do Lyft drivers make in Raleigh?
Below, we examine the question of Lyft driver salaries in Raleigh, North Carolina.
Our analysis estimates that (in & around the Raleigh area) a typical Lyft driver’s yearly income equates to approximately $38,407.
Lyft Driver Hours & Expenses in Raleigh
Assuming that an average Raleigh-based Lyft driver works approximately 30 hours per week, it is possible to roughly estimate the earnings of a Lyft driver in the Raleigh area, as follows:
- A Raleigh Lyft driver yields approximately $12.31 (per trip).
- A Raleigh Lyft drivers is able to complete about two full trips per hour (i.e., a total of $24.62).
Since an average Raleigh-based Lyft driver works about 30 hours per week, their total earnings amount to approximately $738.60 per week. This equates to a yearly salary of $38,407 for a Lyft driver in Raleigh.
Raleigh Lyft Drivers Expenses
A Lyft driver’s revenue in Raleigh is a gross salary estimate (and does not factor in Lyft’s commission, or other operating costs, including vehicle maintenance, taxes, fuel, tolls, car insurance, or other associated expenses).
However, it is worth noting – expenses for Lyft drivers differ greatly, depending on chosen vehicle type. Net yearly income also depends largely on when, and where, a driver chooses to operate (see list below for suggested ‘hotspot’ areas around Raleigh).
For drivers who target high-demand areas of Raleigh, income may be significantly higher.
Best Locations for Lyft Drivers in Raleigh:
- Crabtree Valley
- Downtown Raleigh
- Five Points
- Glenwood South
- Southwest Raleigh
- Warehouse District
- West Raleigh
Best Times for Lyft Drivers in Raleigh:
- 8:30pm – Midnight
Weekday High-Demand Hours:
- Morning: 5:00am – 7:00am
- Evening: 5:00pm – 6.30pm