The Median Income of an Uber Driver in NYC Is Nearly $100,000 Uber published some staggering figures on its company blog about how much money its drivers make.

By Geoff Weiss

Opinions expressed by Entrepreneur contributors are their own.

Not even Ryan Gosling could make being a driver look so good.

Transportation startup Uber announced some staggering figures on its company blog yesterday: the median UberX driver in New York City who works 40 hours per week pockets an annual salary of $90,766. (UberX is the company's lower-priced service, comprising hybrid and mid-range cars.)

This stands in stark contrast to the average New York taxi driver's salary, whose median take-home is $38,357 per year, according to Salary.com.

Uber also noted that San Francisco drivers make, on average, $74,191 each year, and that the company generates 20,000 new driver jobs every month, contributing $2.8 billion to the U.S. economy every year.

Related: Is Your Company Marketing Like a Taxicab Business in the Age of Uber?

"In contrast, the nation's taxi drivers are often below the poverty line," Uber wrote, "required to spend $3,500/month -- over $40,000/year -- just to lease their taxi, so that wealthy taxi company owners can reap the benefits of drivers having no other option to make a living."

Even though Uber boasts that it has served as a business-building platform for "hundreds of thousands of entrepreneurs," many professional taxi drivers in New York also double as Uber drivers -- who work, on average, far more than 40 hours per week.

That said, it is unclear whether the $90,766 figure refers to combined income or if it represents independent operators. Also in question is how many hours per week the average Uber driver drives.

The company did not respond to request for comment.

Related: Lyft Gets a Serious Lift: Uber Competitor Expands to 24 More Cities

Geoff Weiss

Former Staff Writer

Geoff Weiss is a former staff writer at Entrepreneur.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

'Now Accepting Applications': Elon Musk Is Opening a New Preschool in Texas Called Ad Astra. Here's How to Apply.

The school got an official permit last month to operate with as many as 21 students.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'We're Not Allowed to Own Bitcoin': Crypto Price Drops After U.S. Federal Reserve Head Makes Surprising Statement

Fed Chair Jerome Powell's comments on Bitcoin and rate cuts have rattled cryptocurrency investors.

Business News

A New Hampshire City Was Named the Hottest Housing Market in the U.S. This Year. Here's the Top 10 for 2024.

Zillow released its annual lists featuring the top housing markets, small towns, coastal cities, and geographic regions. Here's a look at the top real estate markets and towns in 2024.

Business Ideas

Is Your Business Healthy? Why Every Entrepreneur Needs To Do These 3 Checkups Every Year

You can't plan for the new year until you complete these checkups.