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Freelance Economy Grows Amid Workforce and Economic Volatility, Expanding Across Every Major U.S. City
Globenewswire· 2025-12-03 14:00
Core Insights - The report highlights a significant increase in the population of independent professionals across the top 30 U.S. markets, with cities like Las Vegas and Nashville offering the highest average earnings for freelancers [1][3]. Market Growth and Earnings - The annual Freelancer Economic Impact Report estimates that the number of independent professionals in the U.S. has grown by 4.3% annually, reaching approximately 6.9 million, with nearly 4 million freelancers concentrated in the top 30 cities [5]. - Miami and Orlando saw the highest revenue growth among freelancers, with increases of 71% and 62% respectively [3]. - The average earnings for independent professionals in the top 30 markets is $52,002, which is about $5,748 higher than the overall U.S. average [7]. City-Specific Insights - Las Vegas ($62,083), Nashville ($61,569), and Los Angeles ($61,303) reported the highest average incomes for freelancers, indicating that freelancing can provide financial sustainability in these markets [4]. - The report categorizes cities into groups based on their freelance economies, with Sunbelt Professional Havens (e.g., Miami, Orlando) experiencing the fastest growth in both the number of independent professionals and revenues [7]. Demographic Trends - The report identifies three emerging patterns in the freelance workforce: 1. Sunbelt Professional Havens are leading in growth rates. 2. Lone Star Boomtowns (Dallas, Houston, San Antonio) are also growing rapidly, particularly among younger and more diverse populations [7]. 3. Rising Tech Hubs (Austin, Denver, Atlanta) are becoming significant markets for freelancers as the tech economy shifts [7]. Sector Breakdown - Professional service freelancers (e.g., legal, accounting) make up 51% of independent workers and account for 48% of revenues, while technical service freelancers represent 26% of the workforce and 36% of revenues [7][8]. - Creative services freelancers constitute 22% of independent workers and contribute 16% of revenues [8].