Arts >> Music >> Musical Instruments

How much money does a musician make yearly?

Musicians' salaries can vary widely depending on a number of factors, including their level of experience, genre of music, geographic location, and whether they are a freelance musician or employed by an orchestra or other musical organization.

According to the Bureau of Labor Statistics, the median annual wage for musicians and singers was $40,130 in May 2020. The top 10% earned more than $89,000, while the bottom 10% earned less than $19,000.

Below are some additional factors that can affect a musician's salary:

* Genre of music: Musicians who play in popular genres, such as rock, pop, and country, typically earn more money than those who play in less popular genres, such as classical music or jazz.

* Geographic location: Musicians who live in major metropolitan areas tend to earn more money than those who live in rural areas.

* Experience: Musicians with more experience typically earn more money than those with less experience.

* Freelance vs. employed: Freelance musicians typically earn more money per hour than those who are employed by orchestras or other musical organizations, but they also have to pay their own taxes, health insurance, and other expenses.

It's important to note that these are just general averages, and individual musicians' salaries can vary significantly from these figures.

Musical Instruments

Related Categories