How much does the average published author make? This is a question that often plagues aspiring writers, as they dream of seeing their work in print. The answer, unfortunately, is not straightforward and can vary widely depending on several factors. Understanding the average earnings of published authors is crucial for those hoping to make a living from their writing, as it can help set realistic expectations and inform career decisions.
The earnings of published authors can be divided into two main categories: royalties and advances. An advance is a lump sum payment made to the author before the book is published, and it is intended to cover living expenses and other costs associated with writing the book. Royalties, on the other hand, are a percentage of the book’s sales that the author receives after the advance is paid back.
The size of an advance can vary greatly, ranging from a few thousand dollars to tens of thousands or even more for successful authors. However, it’s important to note that advances are not always guaranteed, and many authors receive no advance at all. In fact, according to the Society of Authors, only about 25% of authors receive an advance.
Royalties, too, can vary significantly. For many authors, royalties are a small percentage of the book’s sale price, typically between 5% and 15%. However, this can increase if the book becomes a bestseller or is translated into multiple languages. In some cases, authors may also receive additional payments for film or television adaptations of their work.
When considering the average published author’s earnings, it’s essential to look at the median income rather than the mean, as the mean can be skewed by a few high-earning authors. According to the U.S. Bureau of Labor Statistics, the median annual wage for writers and authors in 2019 was $63,660. However, this figure includes all types of writers, not just those who publish books.
For published authors, the reality is that most earn very little from their writing. According to the Author Earnings report, in 2019, the median annual income for authors was just $6,080. This figure is even lower for self-published authors, who often face additional costs such as cover design, editing, and marketing.
To increase their chances of earning a decent income, authors may need to focus on writing in high-demand genres, building a strong platform, and cultivating a loyal fan base. Additionally, diversifying income streams by writing for magazines, blogs, or ghostwriting can help offset the lower earnings from book sales.
In conclusion, the question of how much the average published author makes is complex and can vary widely. While some authors may earn substantial incomes, the majority struggle to make a living from their writing. Understanding the factors that influence earnings and setting realistic expectations can help aspiring authors navigate the often challenging world of publishing.
