Table of Contents
Fiction Writer Salary
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $104,000 | $8,666 |
| 75th Percentile | $78,000 | $6,500 |
| Average | $64,349 | $5,362 |
| 25th Percentile | $40,000 | $3,333 |
Can you make a living as a fiction writer?
Most fiction authors struggle to earn income from their writing, let alone make a living! The truth is, it’s even easier for fiction authors to earn a full-time income from book royalties than for non-fiction authors.
How much does a NYT bestseller make?
Authors who make the NYT bestseller list have to sell at least 10,000 copies, so at a 10\% royalty rate with a book priced at $20, they’ll make at least $20,000—much of that going to pay back their initial advance.
How much money can you make writing science fiction?
Of the entire membership of the Science Fiction and Fantasy Authors of America, slightly less than 10\% make a living—and by that, I mean about $24,000-$30,000 a year—from writing. Of that 10\%, only half, or 5\%, make a living writing only science fiction or fantasy or both.
How much money do fantasy writers make?
, 142 published books in fantasy and sf, #1 NYT Writer. Not nearly as much as you think. Of the entire membership of the Science Fiction and Fantasy Authors of America, slightly less than 10\% make a living—and by that, I mean about $24,000-$30,000 a year—from writing.
Self-published authors can make between 40\% – 60\% royalties on a single book sale while traditionally published authors usually make between 10\%-12\% royalties. First-time authors who want to traditionally publish can get an advance, which is usually $10,000 (usually not that much more for a first-timer).
How much money can you make from your books?
There are self-published authors who can make a living writing with a sustainable income of $5,000 per month to $8,000 per month, so even self-published authors who make an excess of $10,000 per month. Fill out the book profit calculator above if you want to know how much money you can make from your books.