For every driver on Uber, there is an average of one passenger request per hour. So, if you drive full-time, you could make about $40,000 per year (40K). Of course, this number will vary by location and the cost of living. UberX base rate is $1.85 per mile or $0.55 per minute. This means that those looking for a job driving for Uber can expect to make between $19 and $30 per hour with tips or bonuses included
Texas make an average of $16.22/hr, or a monthly income of $30,873. In addition to the earnings that you’ll receive from your driving, you’ll also get paid for any tips that your passengers give you. As a full-time Uber driver in Dallas, Texas you can expect to earn around $65,000 per year while part time drivers can earn even more by simply working during rush hours and on weekends.
Uber Salary In Dallas Overview
According to the Uber website, Dallas has about 40,000 active drivers. The average hourly income for an Uber driver in Dallas is $19.42 per hour. The highest earning cities in the United States are Boston and Los Angeles, where drivers earn $27.48 and $26.21 per hour respectively.
We know you want to make sure that you’re getting paid what you deserve as an Uber driver in Dallas, so we did some research on how much you should be making in order to help you make the most of your time on the road.
According to our data, there are four factors that will affect your earnings:
Time of day – In general, drivers earn more during rush hour than they do during off-peak hours
Time of week – Drivers earn more when they work on Fridays and Saturdays than they do during other days of the week
The type of car they drive – Drivers who drive luxury cars generally make more money than those who drive economy cars
Their experience level – Experienced drivers generally make more money than new drivers.
How do Uber drivers get paid?
Uber pays drivers on a weekly basis either on Wednesdays or Thursdays. The payment process starts on Monday, which is when the previous week’s earning cycle ends and the current week’s cycle begins.
You will receive a weekly pay statement for the previous week on Tuesday, but it may delay until Wednesday. The statement is automatically added to your Uber dashboard and may also be emailed. It won’t come at the same exact time each week, so don’t worry when it’s a few hours late.
On Wednesday, you’ll receive a direct deposit of your funds via ACH payment. While the deposit happens on Wednesday, the funds may not clear until Thursday. If you still don’t receive the payment by Thursday, then contact Uber directly and they’ll sort the problem.
In case you prefer to get your Uber payments more frequently, you can sign up for daily pay. This will allow you to withdraw funds up to five times per day. The only condition is that you must have at least $1 in your Uber account.
If that doesn’t work for you either, you can sign up for Uber Instant Pay. In which case, payments from customers will go directly to your debit account. You can then use a debit card to withdraw the cash. But keep in mind that some banks take up to two days to process these payments. Therefore, while Uber may deposit the money in your account instantly, you might still not be able to access it until the bank has cleared the transaction.
What are Some Common Expenses for Uber Drivers?
Vehicle Maintenance
When you drive for your job, you drive more miles than you otherwise would. You’ll need to change the oil, other fluids, and tires more frequently.
Car Payment
If you don’t already own your car outright, you will need to continue making lease or car loan payments. According to Experian, the average monthly payment for a new car loan is $568. The average monthly payment for a used car loan is $397.
Car Insurance
Uber drivers need to maintain comprehensive and collision coverage on their personal auto insurance. According to data from the National Association of Insurance Commissioners, collision coverage costs $363 per year on average, and comprehensive insurance costs $160 per year on average.
Uber has additional insurance coverage that protects your car should you get into an accident while on the clock. However, drivers must pay a $1,000 deductible before the coverage kicks in. Uber also has third-party liability insurance and uninsured/underinsured motorist bodily injury insurance for drivers. Learn more about Uber and insurance here.
Gas
Gas prices vary significantly, depending on where you live. Uber drivers must pay for the gas used to operate their Uber business. You can claim gas using the standard mileage deduction or by tracking actual gas expenses and deducting an exact figure for gas.
In-Car Amenities
Some Uber drivers choose to offer riders in-car amenities like mints, phone chargers to use, water bottles, tissues, hand sanitizer, etc. Amenities aren’t required, but some drivers claim amenities help boost their ratings.
You can claim in-car amenities as a business expense outside of the standard mileage deduction.
Instant Pay Fee
Uber pays drivers weekly, but if you want your earnings faster than that, you will need to sign up for Uber Instant Pay. With Instant Pay, drivers can withdraw their earnings using a debit card for $0.50 per transaction. To avoid the fee, drivers can open an Uber debit account through GoBank.
Not every bank processes withdrawals immediately, so although it’s called Instant Pay, it could still take a day or two until the money appears in your account.
Health Insurance
Currently, driving full-time for Uber doesn’t mean you get benefits like health insurance. Uber drivers need to secure their own health insurance if they don’t already have health insurance through a family member, partner, or employer.
This might change in the future. In the Spring of 2020, Uber announced plans to establish a health insurance policy for drivers. Uber would reportedly pay for health benefits on a sliding scale based on hours worked.
Other Benefits
Uber doesn’t give drivers matching contributions to a retirement plan, life insurance, dental insurance, vision insurance, or other benefits. If you want these benefits, you will need to purchase them for yourself as an independent contractor.
Uber Driver Salary in Dallas, Texas
How much does a Uber Driver make in Dallas, TX? The average Uber Driver salary in Dallas, TX is $37,302 as of September 26, 2022, but the range typically falls between $31,002 and $45,502. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Highest Paying Jobs At Uber In Texas
Rank | Job Title | Avarage Über Salary | Hourly Pay |
---|---|---|---|
1 | Class A Driver | $43,291 | $21 |
2 | Logistics Coordinator | $41,926 | $20 |
3 | Route Driver | $38,276 | $18 |
4 | Commercial Driver | $37,139 | $18 |
5 | Customer Service And Driver | $36,539 | $18 |
6 | Courier Delivery Driver | $34,908 | $17 |
7 | Professional Driver | $34,450 | $17 |
8 | Delivery Driver, Contractor | $33,842 | $16 |
9 | Truck Driver | $33,703 | $16 |
10 | Delivery Driver | $33,113 | $16 |