For users, the appeal of Uber is obvious. You can get a car on demand without the hassle of looking up and calling a cab company. But it turns out it's extremely lucrative for drivers as well.
According to Uber, the median wage for an UberX driver working at least 40 hours a week in New York City is $90,766 a year and $74,191 a year in San Francisco, The Washington Post reports. UberX is its lower-cost service, where drivers use their own vehicles, similar to Lyft’s service.
For contrast, estimates place the average cab driver's salary at around $30,000 a year. That's nearly triple the income. New York City Uber drivers even make more than the average tech worker across the U.S., who pull in $87,811 a year.