Improving your finances is a common New Year’s resolution for many Americans, especially with the current high inflation rates and concerns about the labor market. According to a survey by Origin for 2025, three-quarters of Americans who set New Year’s resolutions focused on financial goals, with increasing income being a top priority.
In 2025, 45% of Americans already had a side hustle, with the average monthly earnings totaling $442.76. While this is a decrease from previous years, it’s important to note that there is a wide range of monthly incomes among side hustlers. The most common monthly income range reported was $51-$250, with around 10% of side hustlers making over $1,000 per month.
If you’re considering starting a side gig in 2026, aiming for an income in the range of $500-$1,000 per month could put you close to or above the average. However, starting at a lower income range, such as $51-$250, is also common and can be a realistic starting point, especially if it meets your financial goals.
It’s essential to set realistic expectations when it comes to side gig income. While some side hustlers earn close to $1,000 per month on average, it often includes those at the top end of the income spectrum. Building your income over time through perseverance and skill development is key to reaching higher levels of earnings.
One approach to consider in 2026 is using your side gig to learn new skills that can help you land a higher-paying primary job. A study by the World Economic Forum found that workers can expect 39% of their existing skills to become outdated by 2030, highlighting the importance of continuous learning and upskilling.
Ultimately, whether you aim for average side gig income or set your sights higher, the key is to be proactive, adaptable, and open to new opportunities. By leveraging your side gig to develop new skills and increase your earning potential, you can work towards achieving your financial goals in the new year.
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