The question “how much to charge for tutoring” is a popular theme on Q&A websites like Quora, and is asked over 2000 times per month on Google. This motivated me to use the data I have on thousands of tutors registered on The Knowledge Roundtable to build a pricing model for tutor wages (using machine learning and econometric techniques). This model is now available for all to use and distribute, for free, through an interactive Tutor Pricing Calculator.
Here is a demo.
What is a typical hourly tutoring wage?
The expected hourly wage of a perfectly typical tutor is $27.83. With 95% confidence, a typical tutor will charge between $17.16 and $45.12.
What factors affect hourly tutoring wages?
In order of importance, the key determinants of wage are as follows.
- Subjects Offered
- Years of Experience
How does education affect tutoring wages?
Higher levels of education incrementally boost the wage a tutor can earn. The steps that have the greatest effect, ranked from greatest magnitude of effect to least, are as follows.
- Some Bachelor’s
- Professional (PhD, MD, JD) – interestingly, this variable is not statistically significant
How does location affect tutoring wages?
The Tutor Pricing Calculator is able to make predictions for any US zipcode regardless of whether our sample included tutors from that particular zipcode. We achieved this by including economic Census data about zipcodes in the model. This is part of the model’s secret sauce, so I’ll leave it to you to explore the effect of location by entering various zipcodes into the calculator.
What is the highest expected wage for any type of tutor?
Tutors in zipcode 10013 (Soho in NYC) with a professional degree, 8 years of experience, and a certification, who offer technical subjects and are 40 years of age, can be expected to charge $47.64 per hour. The 95% confidence interval is $21.14 to $107.39 per hour.