The concept of digital nomadism has become increasingly popular in recent years. A digital nomad is someone who uses technology to work remotely and travel the world. This lifestyle has become more accessible with modern technology, allowing people to work from anywhere in the world, regardless of their location. But what is the average income of digital nomads?

What Is the Average Income of Digital Nomads?

The average income of digital nomads is difficult to estimate because it depends on many different factors. Generally speaking, the amount of money digital nomads can make depends on their skills, experience, and the industry they work in. Some digital nomads may make a full-time income, while others may make significantly less.

According to a survey of nearly 4,000 digital nomads, the average annual income of digital nomads was $47,887 in 2018. This figure is slightly below the global average annual income of $49,271. However, there were significant differences in income based on the industry digital nomads worked in. For example, digital nomads in the tech industry had an average annual income of $66,000, while those in the marketing industry had an average annual income of $48,000.

The survey also found that digital nomads with more experience and higher levels of education tended to earn higher incomes. For example, those with a master's degree had an average annual income of $72,000, while those with a bachelor's degree had an average annual income of $60,000. Additionally, those with five or more years of experience had an average annual income of $67,000, compared to just $37,000 for those with one year of experience.

It is important to note that the average digital nomad income is likely to vary significantly based on individual factors. Some digital nomads may be able to make a full-time income, while others may make significantly less. Additionally, some digital nomads may be able to supplement their income with freelance work, while others may struggle to find enough work to make ends meet.

Factors That Affect Digital Nomad Income

The amount of money digital nomads can make depends on a variety of factors. First and foremost, the amount of money digital nomads can make depends on their skills and experience. Those with more experience and higher levels of education are likely to earn higher incomes.

Additionally, the industry digital nomads work in can have a significant impact on their income. For example, digital nomads in the tech industry tend to earn higher incomes than those in other industries. Finally, the availability of remote work opportunities can also have an impact on digital nomad income. Those who are able to find more remote work opportunities are likely to earn higher incomes.

Conclusion

The average income of digital nomads is difficult to estimate because it depends on many different factors. Generally speaking, the amount of money digital nomads can make depends on their skills, experience, and the industry they work in. The survey found that the average annual income of digital nomads was $47,887 in 2018. However, this figure is likely to vary significantly based on individual factors.