Almost 40% of people offer services such as fitness training, house cleaning, photography, and babysitting.
What are the most lucrative side hustles?
An average side hustler makes $29k/year from real estate by spending just 6 hours per week. 
People who offer management consulting make $86/hour.
Investment management service providers earn $75/hour.
Investment bankers make about $70/hour.
Online businesses such as blogging, podcasting, online courses, and affiliate marketing are also quite lucrative. 
Selling products on Etsy, Amazon, and other e-commerce platforms helps people earn about $1000/month.
Successful influencers on YouTube and other social media channels make up to $10,000/month. 
What are the most popular freelancing jobs?
Some freelancing gigs can make up to $20,000/year by just spending 15 hours a week. 
Here are some of the well-paying freelancing jobs:
Average Hourly Pay
What Are the Challenges of Side Hustling?
Side hustles come with their own set of challenges. We’ve listed a few of them here:
48% of US side hustlers say they now spend less time with friends and family.
45% of people spend less time on leisure activities.
42% are not getting proper sleep.
36% of side hustlers don’t have enough time to exercise.
30% of Americans find it difficult to find time for their side hustles.
28% struggle to find the right idea.
14% of people want a side hustle but don’t know where to start.
9% face admin, tech, and legal issues.
FAQs About Side Hustles
What is a side hustle?
A side hustle is a job or business that you pursue in addition to your full-time job. More than 45% of Americans have a side hustle.
Inflation is the main reason for the increase in the percentage of people with side hustles.
How much money can I make from a side hustle?
The amount of money you can make from a side hustle depends on the type of side hustle you have, how much time you put into it, and your skills.
Some people make a few hundred dollars per month from their side hustle, while others make about $2000/month.
How do I get started with a side hustle?
Choose an idea that you’re passionate about.
Make sure the idea aligns with your skills and experience.
Develop a plan and set some goals.
Start taking action and marketing your side hustle.
What are some popular side hustle ideas?
Some popular side hustle ideas include:
Driving for a ride-sharing company
Starting an online business
Selling products online
Renting out your spare room or home
Starting a blog or YouTube channel
Writing and selling ebooks or online courses
Providing social media management or marketing services
How can I be successful at side hustling?
Start small and scale up gradually: Don’t try to do too much at once.
Be patient and persistent: It takes time to build a successful side hustle.
Network with other side hustlers: There are many online and offline communities where you can connect with other side hustlers and learn from their experiences.
Set weekly goals: Setting weekly or monthly goals can help you manage your time.
Set an average income goal: Create a benchmark of how much money you want to make and work towards that.
With the rise of inflation and living expenses, side hustles have become a necessity for most people. Employees aren’t just starting side hustles to afford their lavish lifestyles—they need it for basic necessities.
You would’ve gotten some ideas about lucrative side gigs and their average incomes from this article. After you pick a side hustle, make sure you do proper research before getting into it.
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Martin is the CEO and Co-founder of Jobera.com, a global remote career advice platform. As a Career and Job Search Expert, he is dedicated to helping job seekers worldwide develop skills, find career opportunities, and land jobs efficiently. Martin shares his expertise by guiding individuals toward professional success and fulfillment.