Austin among top 10 for freelance workers

According to Nerdwallet who cited info from the Census Bureau, Austin, Tx is 4th in the Nation for freelance workers, and in 2013 12.3 million households (11% of all households) earned an average of $34,095 of self-employment income.  Also, Intuit, Inc reports that freelance / contract workers will make up over 40% of the workforce by 2020.

So what are the pros and cons of being a freelance worker (aka independent contractor)?

  • Pros – more flexibility in choosing the time, place, and project that you want to work on
  • Cons – Income level more volatile, healthcare costs higher, less job security
Scroll to Top