Those looking to pursue guitar teaching full-time often wonder if it’s a good career move. After all, it isn’t uncommon to hear people comment on the “musicians’ salary” or joke about artists always being broke.
While the money you can earn teaching guitar varies depending on your credentials, experience, and location, pursuing a career as a music teacher can be worthwhile—especially if it’s something you’re passionate about.
Whether you’re looking to start up your own studio or join forces with other teachers to form a school, you may be wondering how much you can realistically earn and whether the amount is respectable.
While many factors play a role in this, we are going to share with you what you can typically expect. Here is what you can expect to be earning as a guitar teacher:
1. The hourly rate
Perhaps the most important rate you’ll have to determine is your hourly rate. Unfortunately, this number will depend on you’re location. In Canada, this can range somewhere between $40 to $80 an hour. The massive jump in hourly rate is, once again, based on many factors. For example, if you are living in the city and have a good reputation, you will fall in the higher numbers. If you are living elsewhere and are relatively inexperienced, the numbers tend to be lower.
2. The weekly rate
With those numbers so far, what can you expect to be making every week? Since you will likely be paid per hour, you’ll earn more the more you work.
That said, many people tend to be busy during the day, so the majority of your clients will likely take lessons later in the afternoon or evening. Let’s say you have lessons scheduled every day from 3:00 p.m. to 9:00 p.m. Assuming you work Monday to Friday, that would add up to a total of 30 hours. Assuming a conservative rate of $40 an hour, you would be earning $1,200 weekly.
3. Working the weekends
If you want to be making even more money, you might be considering working on the weekends as well. While this is a lot of potential money per week, it means you may not have as much time to yourself. We recommend that you create a schedule and only use weekends such as Sunday mornings to teach those who desperately want lessons but do not have time during the weekdays. Even then, limit your teaching to a few hours, such as three or so hours in the morning or evening.
While it is essential to be making money and putting food on the table, it is also vital that you have time to yourself. For the sake of your own sanity as well as that of your household, learn when to step back and rest.
As you can see, even when you’re starting off, teaching guitar allows you to earn quite a respectable income. While you should always be realistic about your earnings, there’s no reason you can’t make a career out of teaching music.
If you want to take your career to the next level, perhaps the next step is to create a studio. With a professional environment like that, you will build a body of loyal students in no time, establishing a stronger reputation and earning even more money!
Need help marketing your music studio to earn more students? We want to help! Reach out today to learn more about what we can do.