Preliminary Income Survey Results

Posted on 9/12/2018 by Jim Pickerell | Printable Version | Comments (0)

On August 31st I published the Photog Income Survey in an effort to get a better idea of what photographers worldwide are able to earn annually from the images they produce. To see all eight questions and some background information before starting to respond to the survey click on this link.

So far 65% of the respondents are over 50-year-old. Sixty-nine percent of the over 50s earn total photography income of less that $20,000 a year and 49% earn less than $10,000 a year. Another 15% of the over 50s earn between $20,000 and $40,000. Considering, that all these respondents, who make up 84% of the total, have some business expenses for photo equipment, computers, phone, transportation, etc. few, if any, earn enough to support much of a lifestyle.

About 4.5% of the over 50-year-olds earn more than $80,000 a year and half of this group earns over $100,000.

Of the over 50 respondents 12% were female and the rest male. Six percent of the over 50 respondents are staff photographers and the rest freelance. Of all the respondents so far, 9% of them are staff photographers. Half of the staff photographers earn under $40,000-a-year. Some or the higher earners are under 50-years-old. In fact, one female in her 20s earns between $60,000 and $80,000 a year.

Thirty-eight percent of the respondents earn at least 70% of their gross income from editorial still photography. One of the purposes of this survey is to determine how editorial shooters are doing compared to commercial shooters. When we do the final report in late October we will provide this analysis. All photographers trying to earn a portion of their living from the images they produce, are encouraged to respond to the survey by going here regardless of whether they are producing editorial or commercial work. The survey will remain open until the middle of October. It only takes a few minutes. Encourage your friends to respond as well.

To get an accurate understanding of what is happening in the business we are hopeful that more young people and staff photographers will respond. In addition, 73% of the responses so far are from North America and the UK. We need a lot more responses from the rest of the world. Clearly, U.S. and UK photographers no longer produce anywhere near 73% of the images that are being used.


Copyright © 2018 Jim Pickerell. The above article may not be copied, reproduced, excerpted or distributed in any manner without written permission from the author. All requests should be submitted to Selling Stock at 10319 Westlake Drive, Suite 162, Bethesda, MD 20817, phone 301-251-0720, e-mail: wvz@fpcubgbf.pbz

Jim Pickerell is founder of www.selling-stock.com, an online newsletter that publishes daily. He is also available for personal telephone consultations on pricing and other matters related to stock photography. He occasionally acts as an expert witness on matters related to stock photography. For his current curriculum vitae go to: http://www.jimpickerell.com/Curriculum-Vitae.aspx.  

Comments

Be the first to comment below.

Post Comment

You must log in to post comments.

Stay Connected

Sign up to receive our FREE weekly email listing new stories posted.

Follow Us

Free Stuff

Future Of Stock Photography
If you’re a photographer that counts on the licensing of stock images to provide a portion of your annual income the following are a few stories you should read. In the past decade stock photography ...
Read More
Blockchain Stories
The opening session at this year’s CEPIC Congress in Berlin on May 30, 2018 is entitled “Can Blockchain be applied to the Photo Industry?” For those who would like to know more about the existing blo...
Read More
2017 Stories Worth Reviewing
The following are links to some 2017 and early 2018 stories that might be worth reviewing as we move into the new year.
Read More
Stories Related To Stock Photo Pricing
The following are links to stories that deal with stock photo pricing trends. Probably the biggest problem the industry has faced in recent years has been the steady decline in prices for the use of ...
Read More
Stock Photo Prices: The Future
This story is FREE. Feel free to pass it along to anyone interested in licensing their work as stock photography. On October 23rd at the DMLA 2017 Conference in New York there will be a panel discuss...
Read More
Important Stock Photo Industry Issues
Here are links to recent stories that deal with three major issues for the stock photo industry – Revenue Growth Potential, Setting Bottom Line On Pricing and Future Production Sources.
Read More
Recent Stories – Summer 2016
If you’ve been shooting all summer and haven’t had time to keep up with your reading here are links to a few stories you might want to check out as we move into the fall. To begin, be sure to complet...
Read More
Corbis Acquisition by VCG/Getty Images
This story provides links to several stories that relate to the Visual China Group (VCG) acquisition of Corbis and the role Getty Images has been assigned in the transfer of Corbis assets to the Gett...
Read More
Finding The Right Image
Many think search will be solved with better Metadata. While metadata is important, there are limits to how far it can take the customer toward finding the right piece of content. This story provides...
Read More
Where Is The Stock Photo Industry Headed?
For new readers, or those who may have missed some of what I have written over the last few months, the following are a list of stories worth looking at to get a sense of where the industry is headed.
Read More

More from Free Stuff