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Ridesharing is the new era of taxi service. A 2017 survey found that roughly 53 percent of Americans used ridesharing that year; a 15 percent increase since 2016. But, for all its popularity, the rideshare drivers who support the business model have an uphill battle when it comes to their earnings. We’ll get to that, but let’s start with the basics. Here are the two most popular rideshare services:

UberU.S. adults who used Uber in 2018: 48 million
Number of rideshare drivers: 833,000
Average hourly rate: $9.21, according to a study from the Economic Policy Institute (EPI)
Average hours driven per month: 68
Average annual income: $4,368 according to an Earnest analysis
Lyft

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