Minted Empire

How much do self-employed taxi, limo and rideshare drivers make?

Taxi, limo and rideshare drivers. Census data for 2024, IRS data for tax year 2023. Figures are revenue before costs, not income.

Driver's hand on a steering wheel with a satnav mounted on the windscreen

Businesses

1,602,297

Revenue per firm

$29,924

Under $25,000

62.9%

Sole proprietors

98.5%

Census code 4853, "Taxi and Limousine Service", is where taxi, limo and many rideshare drivers who file as businesses are counted. Drivers on the same app can land in different codes depending on how they filed, so this is not a count of Uber or Lyft drivers.

In 2024, 1,602,297 US businesses with no paid employees were classified under this code. Between them they reported $47.9 billion in revenue, an average of $29,924 per firm, 49% below the $58,194 average for all businesses with no employees.

What stands out

This is the largest trade on this list by number of businesses. 62.9% reported under $25,000 in revenue, close to the all-industry share of 60.4%, and 6.1% reached $100,000.

The IRS row for taxi, limousine and ridesharing sole proprietors is a close match, and it shows one of the thinnest ratios in the data: see the section on what is left after costs. 98.5% of these firms are sole proprietors, the second-highest share of the 21 trades.

By business mailing address, New York holds 1.8 times its national share of these firms, Massachusetts 1.8 and Nevada 1.7. Among states with at least 500 firms, Vermont (0.21) and Wyoming (0.18) have the lowest relative concentrations.

What a typical firm brings in

The average hides a wide spread. 38.2% of firms reported under $10,000 (all industries: 37.3%), 62.9% under $25,000 (all: 60.4%) and 80.5% under $50,000. 6.1% reached $100,000 or more (all: 13.3%). The middle firm falls in the "$10,000 to $24,999" bracket.

Share of 1,602,297 US firms in each revenue bracket, 2024. Shares use the national firm total and are rounded to one decimal; a band shown as 0% can hold a small number of firms, and bands without a published count are left out. Source: Census Bureau, Nonemployer Statistics.
  • Under $5,00021.8%
  • $5,000 to $9,99916.3%
  • $10,000 to $24,99924.7%
  • $25,000 to $49,99917.6%
  • $50,000 to $99,99913.4%
  • $100,000 to $249,9995.9%
  • $250,000 to $499,9990.2%
  • $500,000 to $999,9990%

How much is left after costs

The IRS publishes tax-return totals for sole proprietors by industry. For "Taxi, limousine service, and ridesharing service", which matches this trade's Census code, sole proprietors reported $44.2 billion in business receipts in tax year 2023. After netting losses against profits, they reported $2.8 billion in net business income: 6.3 cents for every dollar of receipts, or $2,141 per return, before personal income tax. 31.4% of returns showed no positive net income. This is an industry ratio for 2023 sole proprietorship returns, including businesses with paid employees. It is before personal income tax and is not a typical owner's margin; the Census figures above cover 2024 businesses with no paid employees.

How it varies by state

California has the most firms, at 220,322. Among the 51 states (including DC) with at least 500 firms, revenue per firm is highest in New York ($57,949) and lowest in West Virginia ($14,222). The Census assigns each business to a state by its mailing address, which may not be where the work is done. These data do not explain state differences or show take-home pay.

Alabama6,265$16,395-45%
Alaska2,189$27,109-9%
Arizona29,291$24,587-18%
Arkansas3,764$16,427-45%
California220,322$29,857-0%
Colorado27,652$30,425+2%
Connecticut17,182$27,077-10%
Delaware3,519$25,005-16%
District of Columbia4,391$31,747+6%
Florida193,716$21,592-28%
Georgia54,260$21,995-26%
Hawaii7,443$33,691+13%
Idaho3,234$18,926-37%
Illinois80,799$30,401+2%
Indiana18,523$19,155-36%
Iowa4,466$17,180-43%
Kansas5,542$19,560-35%
Kentucky10,022$19,833-34%
Louisiana13,084$23,654-21%
Maine2,341$19,207-36%
Maryland44,757$30,904+3%
Massachusetts57,425$32,108+7%
Michigan23,302$20,441-32%
Minnesota20,000$30,213+1%
Mississippi3,850$14,295-52%
Missouri15,315$23,989-20%
Montana1,360$18,957-37%
Nebraska3,822$18,463-38%
Nevada26,722$33,827+13%
New Hampshire2,363$23,043-23%
New Jersey76,629$29,029-3%
New Mexico3,123$17,976-40%
New York189,034$57,949+94%
North Carolina32,289$21,624-28%
North Dakota1,435$17,286-42%
Ohio31,292$22,008-26%
Oklahoma7,449$17,128-43%
Oregon9,869$28,966-3%
Pennsylvania51,188$26,903-10%
Rhode Island6,461$27,489-8%
South Carolina15,019$20,603-31%
South Dakota1,296$15,352-49%
Tennessee22,675$23,527-21%
Texas143,735$22,215-26%
Utah10,548$22,747-24%
Vermont705$23,552-21%
Virginia51,643$30,278+1%
Washington26,298$40,129+34%
West Virginia1,663$14,222-52%
Wisconsin12,390$23,101-23%
Wyoming635$20,573-31%

* Fewer than 500 firms, so the average is less stable. Click a column heading to sort. Receipts are modified by the Census Bureau to protect privacy.

Frequently asked questions

How much do self-employed taxi, limo and rideshare drivers make?

Census data for 2024 show 1,602,297 US businesses with no paid employees in this trade, reporting an average of $29,924 in revenue each. 62.9% took in under $25,000, against 60.4% of all businesses with no employees. Revenue is what the business takes in before costs, so it is not the owner's income.

Which state has the highest revenue per firm for self-employed taxi, limo and rideshare drivers?

Among the 51 states (including DC) with at least 500 firms, New York had the highest average revenue per firm, at $57,949, and West Virginia the lowest, at $14,222. States are assigned by business mailing address, and these figures do not show take-home pay.

Sources and method

Other trades