How Much Do YouTubers Make? TurboTax Has the Answers and Tips

Have you ever considered having your own YouTube channel? For many freelancers, Youtube is a big part of their side hustle empire! With so many channels out there, many often wonder how is it that people actual become YouTubers. People also wonder how much money do YouTubers make. Well, TurboTax put together a really nice guide to give you some answers.

Key Takeaways:

How much do YouTubers make? Anywhere between $0.01 to $0.03 per view, which translates to $3-$5 per 1000 views, and up to $5,000 for 1,000,000 views.
YouTube income is generated by advertisements through AdSense, sponsorships with popular brands, and affiliate links.

YouTube pays you only after you’ve earned $100 or more from placing ads on your channel and videos.
Famous YouTuber salaries can soar into the millions, and the highest-paid YouTuber in 2018 was a 7-year-old boy named Ryan who started his own channel called Ryan ToysReview. It earned him $22 million in a single year.

Wondering how to make money on YouTube? Some tips that can help include finding a niche, posting regularly, buying the right equipment, and learning how to edit your videos well.
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