Freelance worker revenue rises to $191B in largest markets: Fiverr

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Freelancers in the 30 largest US freelancing markets saw their revenue rise by projected 6.1% to $191 billion in 2023, according to a report by Fiverr International (NYSE: FVRR).

New York City freelancers earned the most revenue at $30.36 billion in 2023, according to Fiverr’s estimates.

The Big Apple was followed by Los Angeles, where freelancers earned nearly $22.20 billion, and Miami, with freelancer revenue of $15.69 billion.

The top 30 markets for freelancers represent 57% of all freelancers in the US and account for 63% of revenue, according to Fiverr.

New York City had the most freelancers of any of the large metros at 574,989. Again following were Los Angeles at 417,685 and Miami at 291,321.

In total, the top 30 had 4.0 million freelancers in 2023, up 2.4% from the previous year.

Fiverr noted that freelancers in the top 30 markets earn $48,288 on average, which is about $4,334 more than the US average. However, freelancers can — depending on the market — earn an average of anywhere from $36,234 to $60,135 annually. Receipts were highest in San Jose, California; San Francisco; Washington; Nashville, Tennessee; Miami; and Los Angeles.

Technical services freelancers earned the most in Washington at $75,255 on average, while creative professionals in St. Louis earned the least at $19,250 on average.

The report analyzed datasets from the Nonemployer Statistics data series published by the US Census Bureau to prepare its report.