If you are a beginner in the field of freelance video editing then you must be looking for an answer to your question “How much does a freelance video editor make”. Today in this article I will explain the earning of a freelance video editor in detail and cover all of the aspects. I have been doing freelance video editing for the past 4 years and now I am pretty much in that position where I can answer your this question.
How Much Does a Freelance Video Editor Make
Well, on average a freelance video editor makes $45,000 to $60,000. That is just an average because the earnings of a freelance video editor largely depend on so many things which I am going to explain below.
Platform
There are many different freelance platforms available and the earnings are pretty much dependent on the platform on which a video editor is working, For example, Fiverr does not have high-paying clients and you will get only small video editing projects mostly as compared to Upwork, where the hundreds of high budget video editing projects are posted each day.
So, Upwork is better than Fiverr in this aspect although, it is difficult to win projects on Upwork, if you work hard, maintain a decent profile, write proposals in a correct way, etc you can definitely win bids! Fiverr mostly have projects ranging from $5 to $30 on average but on Upwork you can get a variety of projects and they mostly have a high budget.
Hourly Rate
Another factor that determines the earnings of a video editor is the hourly rate. It is obvious that at the beginning of your career your hourly rate will be low but, with time as you grow and become more experienced and creative, you will have to increase your hourly rate. So, what is the best hourly rate for an experienced freelance video editor? Well, I would say that $40 is a very good spot. Keep in your mind that Fiverr does not support hourly contracts, they only have fixed-price projects.
Work Hours
After the hourly rate, the next factor which comes into play is how many hours you work per day or per week. It is pretty much simple if you work for more hours you will make more money and if you work for less amount of hours you will not generate that much amount of money.
Other Aspects Of Earnings
Is Freelance Video Editing enough to Make a Living?
The short answer is: yes, you can make a living as a freelance video editor. However, the longer answer is a bit more complicated. While it is certainly possible to earn a good income as a freelance video editor, there are other factors(which I explained above) that can affect your earnings potential. For example, the size of your client base and the average project budget will both play a role in how much money you can earn. Additionally, your specific skills and experience will also be major determinants of your success. With all of this in mind, it’s important to remember that there is no one-size-fits-all answer to this question. The best way to gauge whether or not freelance video editing is enough to make a living is to evaluate your own individual circumstances.
What is the average hourly rate of the video editor?
As I explained above the average hourly rate of an experienced video editor is around about $40. It can be less or more. As you become more and more experienced and creative your hourly rate will also be increased. As a beginner, you can set your hourly rate at $15 and then gradually increase it with time.
What are the freelance video editor rates in 2022?
In 2022, the average freelance video editor will charge $45 per hour. This rate may vary depending on the editor’s experience, the project’s scope, and the client’s budget. For example, a new freelance video editor may charge $30 per hour, while an experienced editor may charge $100 per hour(experienced one). Rates also vary based on the project’s scope. A simple video editing project may only take a few hours, while a more complex project may require days or even weeks of work. The client’s budget is also a factor in determining rates. A small business may only be able to afford $50 per hour, while a large corporation may be able to pay $200 per hour. When hiring a freelance video editor, it is important to consider all of these factors to ensure you are getting a fair price.
What is the video editing price per minute?
As I explained to you earlier that in the freelance or local market the price is based on the hourly rate of the freelance. The Video Editing price is not set as per minute. Very rarely, does it happen that a client asks you to give a price per minute.
How much should I charge for 1-hour video editing?
Video editing is a complex and time-consuming task that requires a skilled eye and a steady hand. The average editor charges between $30 and $50 per hour, though rates can vary depending on the project, the complexity of the work, and the editor’s experience.
Editors with years of experience working on big-budget films can charge upwards of $100 per hour, while those just starting out may only charge $20-$30 per hour. To get an idea of what to expect, it’s best to contact a few different editors and ask for quotes. That way, you can get a sense of the going rate and find an editor who charges a fair price for their services. So you can charge according to your experience for editing for 1 hour.
Is video editing a good career in freelancing?
Yes, With the advent of social media, there is a growing and a lot of demand for well-edited videos. Whether it’s a Facebook Live stream or a YouTube vlog, video ads, or commercials, people want to watch videos that are polished and professional. As a result, video editing has become an essential skill for anyone looking to break into the freelance market.
Not only is video editing a relatively easy and interesting skill to learn, but it also provides a good opportunity to earn a consistent income. In addition, video editing is a highly portable profession, which means that freelancers can work from anywhere in the world. With its low barriers to entry and high earning potential, video editing is an excellent choice for anyone looking to start their own freelance business.
How long does it take to edit a 30-second video?
Well, that is entirely dependent on the complexity of the work that how much time is required to edit a 30-second video because if you have to create special effects and sound design it might take you an hour to edit, or if you just have to trim/crop the video and add transitions then it will take you 5-10 minutes to edit it.
Does video editor make good money?
Again, I would say that if you work hard and make your place in the freelance video editing field then you can earn a good and decent amount of money.
How much does a Freelance Video Editor in the United States make?
On average, a Freelance Video Editor in the United States makes around $36.33 per hour. This number can, of course, differ depending on experience, portfolio, and many other factors. The best way to find out how much you could make as a freelance video editor is to simply reach out to a few different companies and ask for quotes. Many businesses are happy to give you an estimate, and from there you can start to negotiate pay. Remember, as a freelancer, you have much more control over your pay than if you were working for someone else, so don’t be afraid to ask for what you’re worth. With a little bit of research, you should be able to find out exactly how much you can make as a freelance video editor in the United States.
So that was all about the earnings of a freelance video editor. I tried my best to explain you each and every aspect. If you have any questions, feel free to ask in the comment section or you can also reach out to me via email.