“How much do magicians make?” There is no universal answer to this question. Factors like location, reviews, marketing etc affect magicians’ earning potential.
So finding out How much professional magicians earn can be tricky. But based on various professional magicians’ input in this article you are going to find what is the average earnings of professional magicians.
On average, magicians earn £31,595 per year according to www.glassdoor.co.uk and $49,000 a year in the USA according to the Bureau of labour Statistics. This income includes different sources.
Factors On Which Earnings Of Magician Depends
Location:
This is a huge factor as it can affect not only what type of gig you get but also the quality of earnings. As Magicians performing in Las Vegas will earn more than magicians performing in different parts of the US. And people from lower economic demography won’t pay you much. Also if you charge 200$ for a birthday party then there are many people in such area to perform for even less like 100$ or soo.
Expenses:
As a performing magician, you are running a business. And businesses have many expenses. FIrst no-brainer expense is travelling and while charging your cost you should consider this as well. Another expense is accessories or Gimmicks, but it’s a one-time investment.
Reviews:
This is essential for your earnings as good reviews mean more and better Gig. Your website is essential for this I always suggest magicians should have their personal website if they want High Paying Clients. If you want to know more – read my article on How to create a website for magicians? Asfd ( internal link)
Marketing:
This is where most artists or magicians fail. They can perform but they are not able to market themselves. So they keep catering low paying clients. Marketing is what every artist should know and learn as it will take your skill further.
Types of Magic You Perform:
If you are a street magician then none of the above things I mentioned Apply to you or even if you are a high-end magician who is doing TV shows.
Frequently Asked Questions
How much do magicians make an hour?
On Average Magicians earn $33.27 an hour.
How much money do professional magicians make a year?
On average Magician from different fields earn $49,000 per year.
How much do magicians make UK?
On average, magicians earn £31,595 per year in the UK.
Who is the highest-paid magician?
David Copperfield is the highest-paid magician. His net worth is $875 million. He is the richest Magician in the world.
Conclusion
How much money do professional magicians make? There is no universal answer to this question. Factors like Location, Type of magician, reviews, marketing etc affect magicians’ earning potential.
I Hope You have got a general idea of how many professional Magicians Earn.