January 21, 2024

Half of millennials and more than half of Gen Zers had a side hustle in 2023

Nearly two in five (39 percent) U.S. adults have a side hustle, according to Bankrate, meaning they earn money outside of their primary job, money from a family member, trust fund, or any other main source of income.

Side hustles are more popular among younger Americans, as 53 percent of Gen Zers (ages 18-26) and 50 percent of millennials (ages 27-42) told Bankrate they earn extra income on the side:

Americans make an average of $810 per month from their side hustle

Most commonly, however, those with a side hustle make very little: 28 percent of people with a side hustle only make $1 to $50 a month:

It’s possible to bring in hundreds of dollars a month through a side gig: The average person with a side hustle makes $810 a month from that extra work, according to Bankrate.