Songwriters' earnings vary widely, from next to nothing to many millions of dollars. A beginning songwriter may work for free, or for low pay, just to gain experience. A songwriter may sell a jingle to an advertising agency for $1,000 or may receive many thousands of dollars if his or her work is well known. Royalties from a song may reach $20,000 per year or more per song, and a successful songwriter may earn $100,000 or more per year from the royalties of several songs. A songwriter's earnings may come from a combination of royalties earned on songs and fees from commercial projects.
Those starting as assistants in music production companies or jingle houses may earn as little as $20,000 per year. Experienced songwriters at these companies may earn $50,000 per year or more.
According to the U.S. Department of Labor, in May 2019 salaried writers and authors, a category that includes songwriters, had earnings that ranged from less than $33,660 to more than $122,450, with a median of $63,200. Composers had salaries that ranged from less than $23,100 to more than $125,200 annually, with a median of $51,670.
Because most songwriters are freelance, they will have to provide their own health insurance, life insurance, and pension plans. They are usually paid per project, and therefore receive no overtime pay. When facing a deadline, they may have to work more than eight hours a day or 40 hours a week. Also, songwriters are generally responsible for recording their own demos and must pay for recording studio time, studio musicians, and production expenses.
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