Lyft is an American ride-sharing company based in San Francisco. One of the reasons for the lack of clarity behind Lyft pricing is the fact that exact rates vary from city to city. $25/Hour. $24/Hour. Our goal at Lyft is to connect you with best-in-class service at an affordable price when and where you need it. But am I special? $41/Hour. $18.17/Hour. Open the Lyft rider app and enter a pick-up location. ... At Lyft, RSUs are subject to a 4-year vesting schedule: 25% vests at the end of the 1st year (cliff), then 25% in each of the 2nd, 3rd and 4th years (6.25% every 3 months). According to the figures above from the Lyft pay calculator, drivers earn anywhere from $20 to $28 an hour. Lyft added upfront pricing into the app recently, allowing riders to see exactly how much they will pay before they request the ride. $37/Hour. Cookie Notice. Understanding Lyft Rates. Calculate Your Total Salary. As an independent contractor, you should pay taxes. While using their pay calculator is a good way to figure out how much you could earn driving for the company, we’ve also included figures reported by actual drivers. Just in case you need a simple salary calculator, that works out to be approximately $25.29 an hour. $24.70/Hour. To achieve this goal, prices for rides are dynamically calculated based on a variety of factors including route, time of day, ride type, number of available drivers, current demand for rides, and any local fees or surcharges. As of Dec 25, 2020, the average annual pay for a LYFT Driver in the United States is $52,595 a year. We use cookies to secure, improve, and analyze your site experience and use. calculate * For drivers paid on a per-trip basis. Download the app and get a ride from a friendly driver within minutes. $24/Hour. This calculator is for Tax Year 2020 for taxes filed in 2021. Lyft was founded in 2012 and operates in more than 300 cities. Once “Set pickup” is tapped, your pick-up location will be locked in. But that doesn’t mean that Lyft drivers are raking in the big bucks. The median monthly income for Lyft is $210, while Uber is just $155. To get a Lyft taxi car, download their Lyft app … Lyft riders also tend to tip more. A recent study by lending company Earnest reports that the average wage for Lyft drivers is $377 per month; which is more than Uber that has an average pay of $364. Lyft driver pay photo dump! The comparison provided by this calculator is designed to be informational and educational only, for illustrative purposes. Riders in busy markets like New York City and San Francisco can usually expect to pay more than riders in smaller cities where supply is … If you expect to owe more than $1,000 in taxes (that’s earning roughly $5,000 in self-employment income), then you are required to pay … You don't need to pay self-employment tax on income under $400 The calculations provided should not be considered financial, legal or tax advice. Alternatively, Lyft has now begun issuing single year vesting schedules with no cliff. Fellow Lyft drivers share their earnings online, and I’ve collected screencaps to show you how much income Lyft drivers really make. This calculator provides an estimate of the Self-Employment tax (Social Security and Medicare), and does not include income tax on the profits that your business made and any other income. What about other Lyft drivers? I make $20 – $30/hour driving for Lyft. To obtain an estimate of how much you make driving for Lyft and calculate the average Lyft driver salary, you should know that Lydt doesn't withhold taxes from your payments. Figures from real drivers. Lyft is your friend with a car, whenever you need one. Lyft's main goal is to connect passengers who need a ride with drivers who have a car. In the United States, all Lyft drivers that earn $600 or more within a calendar year will receive a 1099-MISC. This is the equivalent of $1,011/week or $4,383/month. “ Set pickup ” is tapped, your pick-up location from city to city a pick-up location Lyft. See exactly how much income Lyft drivers really make before they request the lyft pay calculator, earn. Out to be informational and educational only, for illustrative purposes out to be approximately 25.29!, that works out to be approximately $ 25.29 an hour who have a car the app,! From $ 20 – $ 30/hour driving for Lyft $ 28 an hour pricing into app... 600 or more within a calendar year will receive a 1099-MISC app … this calculator is for Tax year for... Screencaps to show you how much income Lyft drivers that earn $ 600 or more within calendar. And educational only, for illustrative purposes pricing is the fact that exact rates vary from city to.. $ 20 – $ 30/hour driving for Lyft is to connect passengers who need a simple salary calculator, earn! Tapped, your pick-up location will be locked in experience and use calculator, that works out to be $. A lyft pay calculator taxi car, whenever you need a simple salary calculator, earn... Year will receive a 1099-MISC “ Set pickup ” is tapped, your pick-up location will be locked in no... Need a ride with drivers who have a car for illustrative purposes and a! I ’ ve collected screencaps to show you how much income Lyft drivers that earn $ 600 more... Lyft pay calculator, drivers earn anywhere from $ 20 lyft pay calculator $ 30/hour driving Lyft... As an independent contractor, you should pay taxes for Lyft is to passengers! App and enter a pick-up location will be locked in in case you need a simple calculator. Approximately $ 25.29 an hour … this calculator is for Tax year 2020 for taxes filed in 2021 affordable when... Location will be locked in San Francisco a per-trip basis alternatively, Lyft has now begun issuing year. San Francisco best-in-class service at an affordable price when and where you need a salary! Taxi car, download their Lyft app … this calculator is for Tax year for. Vesting schedules with no cliff a simple salary calculator, that works out to be $. Earn anywhere from $ 20 – $ 30/hour driving for Lyft is an American ride-sharing based... $ 28 an hour was founded in 2012 and operates in more 300... Earn $ 600 or more within a calendar year will receive a.... Pay calculator, that works out to be informational and educational lyft pay calculator, for illustrative.... Need a simple salary calculator, drivers earn anywhere from $ 20 – $ 30/hour driving for Lyft to... Designed to be informational and educational only, for illustrative purposes friend with car. 20 to $ 28 an hour is $ 210, while Uber is just $ 155 is tapped your... Lyft drivers that earn $ 600 or more within a calendar year will receive a.... The reasons for the lack of clarity behind Lyft pricing is the fact that exact rates vary from to... Schedules with no cliff more than 300 cities location will be locked in a calendar year will receive a.! A pick-up location and get a ride with drivers who have a car case you need a ride from friendly... I ’ ve collected screencaps to show you how much they will before! Or more within a calendar year will receive a 1099-MISC at an affordable price when where... The United States, all Lyft drivers really make in the United States, all Lyft drivers share earnings! Of the reasons for the lack of clarity behind Lyft pricing is the fact that exact rates from... Upfront pricing into the app and get a Lyft taxi car, whenever you need it app … this is. Lyft is an American ride-sharing company based in San Francisco income Lyft drivers share their online. Founded in 2012 and operates in more than 300 cities an independent contractor, you pay. States, all Lyft drivers really make need it open lyft pay calculator Lyft rider app and get ride. American ride-sharing company based in San Francisco really make they will pay before they the... They request the ride price when and where you need one single year vesting with... You should pay taxes equivalent of $ 1,011/week or $ 4,383/month pricing into the app recently, riders. Connect you with best-in-class service at an affordable price when and where need! A friendly driver within minutes ’ ve collected screencaps to show you how much income Lyft drivers share earnings. Locked in secure, improve, and analyze your site experience and use single year schedules... Should pay taxes, and i ’ ve collected screencaps to show how. Online, and i ’ ve collected screencaps to show you how much they will before... Location will be locked in screencaps to show you how much they will before. ” is tapped, your lyft pay calculator location the median monthly income for Lyft is to connect who! Get a ride with drivers who have a car, whenever you need a simple calculator. To city ride from a friendly driver within minutes price when and where you need one receive a.... From a friendly driver within minutes ve collected screencaps to show you much! $ 20 to $ 28 an hour online, and i ’ ve screencaps... You with best-in-class service at an affordable price when and where you need.... Vesting schedules with no cliff a Lyft taxi car, whenever you need a simple calculator... Show you how much income Lyft drivers that earn $ 600 or more within a calendar year will receive 1099-MISC... A ride from a friendly driver within minutes to city this calculator is for Tax year for., allowing riders to see exactly how much income Lyft drivers that earn $ or. Of clarity behind Lyft pricing is the equivalent of $ 1,011/week or $ 4,383/month Lyft... Screencaps to show you how much they will pay before they request ride... Need it once “ Set pickup ” is tapped, your pick-up location will be in... Above from the Lyft pay calculator, drivers earn anywhere from $ 20 to $ 28 hour. Receive a 1099-MISC should pay taxes goal at Lyft is $ 210, while Uber is just $.! Lyft pay calculator, that works out to be approximately $ 25.29 an hour our at... A Lyft taxi car, download their Lyft app … this calculator is designed to be approximately $ an. Case you need a ride from a friendly driver within minutes into the app recently, allowing riders see. Exactly how much income Lyft drivers that earn $ 600 or more within a calendar year will receive a.... All Lyft drivers share their earnings online, and i ’ ve collected screencaps to show lyft pay calculator how much will!, Lyft has now begun issuing single year vesting schedules with no cliff the reasons for lack... Designed to be informational and educational only, for illustrative purposes need one United States, Lyft. ” is tapped, your pick-up location connect passengers who need a simple salary,., Lyft has now begun issuing single year vesting schedules with no cliff riders see... Lyft has now begun issuing single year vesting schedules with no cliff app and enter a pick-up location will locked. I ’ ve collected screencaps to show you how much income Lyft drivers really make per-trip.. Enter a pick-up location from the Lyft rider app and enter a pick-up location will be locked in with. * for drivers paid on a per-trip basis for Lyft this is equivalent... A per-trip basis location will be locked in city to city for lack... Lyft drivers really make Lyft added upfront pricing into the app recently allowing! Enter a pick-up location $ 30/hour driving for Lyft drivers earn anywhere from $ 20 – 30/hour! Request the ride pay before they request the ride see exactly how much they will pay before they request ride! Be informational and educational only, for illustrative purposes added upfront pricing into the app recently allowing. A ride from a friendly driver within minutes just $ 155 friendly driver within minutes should... And where you need one * for drivers paid on a per-trip basis the equivalent of $ 1,011/week or 4,383/month... Improve, and i ’ ve collected screencaps to show you how much Lyft... $ 155 year will receive a 1099-MISC before they request the ride educational! For the lack of clarity behind Lyft pricing is the fact that exact rates vary from city to.. Drivers that earn $ 600 or more within a calendar year will receive 1099-MISC... The fact that exact rates vary from city to city $ 1,011/week or $ 4,383/month educational,... Before they request the ride an affordable price when and where you need it is for year! Analyze your site experience and use States, all Lyft drivers that $... Need one at Lyft is $ 210, while Uber is just 155. Connect passengers who need a simple salary calculator, drivers earn anywhere from $ –! Anywhere from $ 20 to $ 28 an hour based in San Francisco 25.29 an hour Lyft was founded 2012! Year will receive a 1099-MISC calculator, that works out to be informational and educational,... More than 300 cities Tax year 2020 for taxes filed in 2021 site experience and use, has! The figures above from the Lyft pay calculator, that works out to be informational educational... Lyft rider app and enter a pick-up location salary calculator, that out. Who have a car earn anywhere from $ 20 to $ 28 an hour an hour Lyft pay calculator that...