8 Best Gig Economy Jobs to Consider for Passive Income
Having only one source of income is risky. What if you lost your job? To earn extra money, jobs in the gig economy have become vital for everyone. Gig Economy jobs are preferred over traditional jobs due to their flexibility and demand.
About 44% of Americans hold jobs in the gig economy. You may be wondering what jobs in the gig economy mean?
The gig economy refers to short-term employment or self-employment rather than long-term employment. The best part is that you are your own boss! For any part-time or full-time career, you can set your own schedule and rate.
In this article, I will explore the 8 best jobs in the gig economy as well as their earning potential. Scroll down to read!
8 Best Gig Economy Jobs to Make Money
There are a wide variety of best work from home jobs, including self-employment, tutoring, and even pet service. You can choose any side hustle based on your skills and interests. No matter what profession you belong to, this list is for everyone. Let’s discuss it!
Graphic design
It’s a better trend gig economy work for beginners_ where you create visual designs such as logos, illustrations, posters, website graphics and marketing advertisements using computer software.
If you have a keen eye for visual images, go for it. However, you’ll need to develop your expertise first: there’s a huge demand for graphic designers in freelance markets.
Pay rate: $15 to $100 ($500 to $1,000 for complex projects)
Online Markets: Fiverr, Upwork, 99 models, freelance
Transcription
Another best work from home saving job is transcription, where you transcribe video or audio recordings into written text. All you need is attention to detail, language proficiency, and proper formatting skills.
You can use transcription tools like Transcribe, Rev, etc. to increase your productivity. You get paid in dollars for every hour of transcription
Average income: $15-40 per hour
Companies: Fiverr, Scribie, Guru, TranscribeMe, Upwork, Rev
Online tutoring
Are you someone who enjoys teaching others? If so, this position is perfect for you! Whether you’re an expert in a subject, course, or language, you can help domestic and international online students earn big money.
There is a misconception that tutoring jobs require experience or a specific degree. This is not true for all jobs! However, some tutoring positions have restrictions, for example, you must be 18 years old and have a bachelor’s degree_ don’t worry, the majority of companies/gigs don’t have such requirements!
Pay rate: $30-60 per hour
Companies: Tutor.com, Outschool, Chegg, Preplay, VIPKID, Education First
Uber Driver
In the United States, the average salary for Uber drivers is around $38,002 per year. Isn’t this the best job in the gig economy? Here you work as a driver and people hire you to reach the desired location.
You will just need a driver’s license and proof of insurance_ and then you can simply sign up for the Uber app. In some countries, a “private hire” license is also required.
Average salary : $20 to $25 per hour (however, this depends on your location and other factors)
Application : Uber app (Rating 4.5/5)
Pet service
Pet Service_, another one of the best jobs in the work-from-home economy, offers a great way to earn a good income. These services include pet sitting, pet training, dog walking and grooming services. You’ll just need to spend some time with these furry creatures.
Whether you partner with a company or sign up through any app, you should create a profile highlighting your rates, services, and availability.
Average pay rate: $15 to $30 per hour
Applications/Business: Wag, Rover, search
Photographer
Are you one of those people who likes to take photos? If so, you have a talent with enormous earning potential! If you’re a beginner, this best gig economy job is ready to go! Just in case, you’re pretty good at taking photos_ that’s great!
One way to earn money is to work as a photographer for events such as graduation ceremonies, corporate functions, parties, travel, wedding ceremonies, etc. in order to generate a high income. Additionally, selling photographs online through iStoch, Shutterstock, Pexels, etc. can help you earn a lot of money.
Anyone who doesn’t want to show their face can consider Foot search to sell pictures of feet. This is a members-only marketplace where sellers can earn money from their creative images.
Pay rate: $15 to $25 per hour
Employment Opportunities: Shutterstock, Tongal, iStock, Freelance, Fiver, TaskRabbit
Instacart
Instacart is one of the best gig economy jobs for beginners, where you can work either as a delivery person or a shopper. You can also take on both roles at once.
You will need to run errands or deliver groceries to Instacart customers. You will need a reliable vehicle and a cell phone to do your job.
Pay rate: $15 per hour
Application : Instacart (Rating: 4.8/5)
Virtual Assistant
In recent years, the virtual assistant market has grown rapidly. By 2025, this market will reach $6.27 billion, which means there will be more demand in the future!
Companies hire virtual assistants for different roles such as appointment booking, arrangements, customer support, data entry, etc. You can either work independently or join any virtual assistant company as a remote VA.
Pay rate: $16 to $25 per hour
Companies: Virtual Assistant USA, Fiverr, Belay, Upwork, Priority VA
Conclusion
Whether you want a short-term or long-term side hustle, there are many best jobs in the gig economy: you can choose any of them based on your interests.
I have discussed the best and most demanding gig economy jobs for beginners that anyone can do easily. Plus, these gigs have great earning potential. However, your hourly rate depends on many factors, including your skills, expertise and the quality of your work.
When selecting a side hustle, make sure you choose the most demanding skill, as it will help you earn more money!
Be ready! Know your interest and select the best job to earn high income!
FAQs
What are the highest paying gig apps?
The highest-paying gig apps include Ubereats, Caviar, ChowBus, Seamless, and BiteSquad, which have earning potential of up to $32 per hour.
What is the expected trend in the gig economy in 2023?
According to Statista, the global gig economy is expected to reach $455.5 billion in 2023.
What are the best common jobs in the gig economy?
Most often, Fiverr, Amazon, Doordash, Instacart, and Airbnb offer the best jobs in the gig economy.