{"id":3414,"date":"2022-10-05T09:53:28","date_gmt":"2022-10-05T14:53:28","guid":{"rendered":"https:\/\/www.northone.com\/blog\/?p=3414"},"modified":"2025-04-01T21:18:49","modified_gmt":"2025-04-02T02:18:49","slug":"freelancing-statistics","status":"publish","type":"post","link":"https:\/\/www.northone.com\/blog\/small-business\/freelancing-statistics","title":{"rendered":"12 Essential Freelancing Statistics to Know in 2025"},"content":{"rendered":"\n

The gig economy<\/a> is more popular than ever. From rideshare drivers and delivery gigs to freelance writers and consultants, many people have one or more freelance jobs. If you work as a sole proprietor or independent contractor, the following freelancing statistics might just surprise you.<\/p>\n\n\n\n

Freelance opportunities come in all varieties. Understanding the current trends can help you transition from full-time work into freelancing or find your next favorite job. Here are 12 of the most important freelancing statistics you should know.<\/p>\n\n\n\n

<\/span>1. 58% of the global gig economy comes from ridesharing<\/strong><\/span><\/h2>\n\n\n\n

A whopping 58% of all gig economy revenue comes from ridesharing apps like Uber and Lyft. Because the gig economy brings in hundreds of billions of dollars each year, this is a massive market share. Experts project that gig work will bring in $455 billion in 2024.<\/p>\n\n\n\n

<\/span>2. 70% of gig workers are doing it by choice<\/strong><\/span><\/h2>\n\n\n\n

While the appeal of a 9-to-5 job may never truly disappear, independent contractors generally like freelancing. In fact, 70% of gig workers polled say they\u2019re doing it by choice. Florida and California are the top two states for freelance work (22 and 20% of workers are in the gig economy, respectively), followed by Texas and Illinois. That\u2019s a significant chunk of some of the nation\u2019s biggest economies\u2014and the number continues to rise.<\/p>\n\n\n\n

<\/span>3. 44% of the gross gig economy volume is from the United States<\/strong><\/span><\/h2>\n\n\n\n

The United States alone accounts for 44% of the gig economy volume worldwide. That\u2019s a huge contribution to global output. It also supports the idea that gig work is uniquely popular and appealing. While the U.S. is the highest global market<\/a> for gig workers, India, Indonesia, Australia, and Brazil\u2019s markets are quickly expanding.<\/p>\n\n\n\n

<\/span>4. Half of global freelancers provide skilled work<\/strong><\/span><\/h2>\n\n\n\n

While you might associate gig work primarily with rideshares, that\u2019s not all freelancers are doing. In fact, 50% of all global freelancers are performing skilled jobs. This includes information technology services, programing, marketing, and counseling. Thanks to remote technology, these freelancers no longer have to limit themselves to working in an office. They\u2019re free to pursue more flexible schedules and the other benefits of independent contracting.<\/p>\n\n\n\n

<\/span>5. Flexibility is the top draw for freelancers<\/strong><\/span><\/h2>\n\n\n\n

Speaking of flexible schedules, that\u2019s the biggest benefit to most freelancers. Nearly half of all freelancers say they\u2019re also caregivers, and a third report having a disabled individual in their household. Flexible scheduling allows independent contractors to work around childcare, elder care, school, and other priorities.<\/p>\n\n\n\n

<\/span>6. 84% of gig workers say they\u2019re living their preferred lifestyle<\/strong><\/span><\/h2>\n\n\n\n

You might be under the impression that gig workers are freelancing because they have to, whether they\u2019re acting as caretakers or can\u2019t find a suitable full-time job. That\u2019s not the case. 84% of freelancers say they\u2019re living their preferred lifestyle. Only 54% of traditional employees claim the same.<\/p>\n\n\n\n

<\/span>7. The average gig worker salary is $69,000<\/strong><\/span><\/h2>\n\n\n\n

Worried that freelancing won\u2019t bring in enough cash? Gig workers make an average of $69,000 per year\u2014$10,000 higher than the median salary in the U.S. Although that\u2019s a comfortable income, depending on your location, 63% of gig workers say they\u2019d still prefer a flexible schedule to a higher salary. This strong emphasis on quality of life over higher income demonstrates the biggest benefit of working independently.<\/p>\n\n\n\n

<\/span>8. 75% of new freelancers started during a recession<\/strong><\/span><\/h2>\n\n\n\n

Over the last two decades, we\u2019ve seen three different economic recessions. As companies laid off workers and good positions became harder to get, people turned to freelance work. In fact, 75% of new gig workers say they started freelancing for financial stability during a recession. This allows people extra financial freedom\u2014whether they continue freelancing permanently or use it to bridge the gap between traditional jobs, it seems to be a net positive.<\/p>\n\n\n\n

<\/span>9. 80% of large corporations plan to hire more gig workers<\/strong><\/span><\/h2>\n\n\n\n

This is a good time to get into freelancing: 80% of corporations polled say that they plan to hire more gig workers in the future. The trend toward remote work\u2014and away from traditional office spaces\u2014has made it easier for businesses to work with contractors on a piecemeal basis. If you provide an in-demand service, freelancers should have no trouble finding new partnership opportunities with major companies.<\/p>\n\n\n\n

<\/span>10. \u200bThe gig economy accounts for up to 12% of the global labor force<\/strong>.<\/span><\/h2>\n\n\n\n

In 2023, the online gig economy workforce was much larger than previously estimated, with gig work accounting for up to 12% of the global labor force.<\/p>\n\n\n\n

<\/span>11. The majority of sole proprietors belong to one of five sectors<\/strong><\/span><\/h2>\n\n\n\n

While certain types of services are rapidly expanding, the majority of American sole proprietors work in five main sectors: 57% of U.S. gig workers are in professional services, construction, administrative services, retail and repair, and personal services. This may help you determine whether a sector is likely to be oversaturated and adjust accordingly.<\/p>\n\n\n\n

<\/span>12. 32% of freelancers start during or right after completing their education<\/strong><\/span><\/h2>\n\n\n\n

Demographically, a significant chunk of freelancers start working in the gig economy during school or just after graduating. Meanwhile, 22% started freelancing after being laid off from a job. This is another strong indication that people turn to freelancing while trying to find traditional employment. As the previous freelancing statistics indicate, workers often choose to continue, especially when a flexible schedule is a concern.<\/p>\n\n\n\n

About 51% of people with postgraduate degrees are working as freelancers. This fact underscores that freelancing isn\u2019t just for simple tasks and errands\u2014it\u2019s a burgeoning trend that appeals to people of all ages and educational backgrounds.<\/p>\n\n\n\n

<\/span>Become your own boss with a little help from North One<\/strong><\/span><\/h2>\n\n\n\n

Freelancing can be a rewarding way to set your own schedule and bring in significant income. North One prides itself on being a great digital banking option for freelancers<\/a> and gig economy workers. When you\u2019re an independent contractor, you have different financial needs than traditional employees. Our services can help you navigate the perks and pitfalls of owning your own business.<\/p>\n\n\n\n

Now that you\u2019ve seen these freelancing statistics, you know that there\u2019s plenty of opportunity\u2014and income\u2014to be found. Whether you\u2019re just starting out or transitioning from one gig to the next, our team can help you. Reach out today to learn more.<\/p>\n\n\n\n

<\/span><\/strong>Sources<\/strong><\/span><\/h2>\n\n\n\n
    \n
  1. Velocity Global: 44 Eye-Opening Gig Economy Statistics For 2024<\/li>\n\n\n\n
  2. ADP: Illuminating the Shadow Workforce:<\/li>\n\n\n\n
  3. Velocity Global: 44 Eye-Opening Gig Economy Statistics For 2024<\/li>\n\n\n\n
  4. \u00a0Upwork: New Upwork Study Finds 36% of the U.S. Workforce Freelance<\/li>\n\n\n\n
  5. \u00a0Pew Research Center: The State of Gig Work<\/li>\n\n\n\n
  6. Upwork: Freelance Forward<\/li>\n\n\n\n
  7. Upwork: Freelance Forward<\/li>\n\n\n\n
  8. Upwork: Freelance Forward<\/li>\n\n\n\n
  9. \u00a0Intuit: <\/strong>Trends That Will Shape the Next Decade<\/li>\n\n\n\n
  10. \u00a0Upwork: Gig Economy Trends for 2025<\/li>\n\n\n\n
  11. QuickBooks: Gig Economy Self Employment Report <\/li>\n\n\n\n
  12. \u00a0Upwork: Freelance Forward<\/li>\n<\/ol>\n","protected":false},"excerpt":{"rendered":"

    The gig economy is more popular than ever. From rideshare drivers and delivery gigs to freelance writers and consultants, many people have one or more freelance jobs. 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