Life Coaching » Salary
Life Coaching is one of the fastest-growing (and most rewarding!) career paths today. Not only is it part of the billion-dollar personal development industry—which is projected to reach $1.34 billion by 2022 but it currently represents the largest share of this rapidly growing market. If you’re considering becoming a Life Coach, this page will give you an idea of how much you can earn so you can decide if this career path is right for you.
Wondering what a typical Life Coach salary looks like? Reported Life Coach salaries can vary significantly by source, but it’s our opinion that the International Coaching Federation provides the most credible coaching data.
In 2016, ICF conducted a study, surveying 15,380 coaches from 137 countries to gather coaching revenue data and other industry information. According to survey results,
the average certified Life Coach salary was $51,000.
Here’s a snapshot of the percent global revenue share by country.
North America
40.6%
Western Europe
38.1%
Oceania
6.5%
Asia
4.8%
Latin America and the Caribbean
3.9%
Middle East and Africa
3.1%
Eastern Europe
3.0%
The income figures reported by ICF are based exclusively on earnings from coaching services, but a second source reports that annual Life Coach salaries can vary, ranging anywhere from $26,781 to over $211,000. In the U.S., the median hourly rate for a Life Coach is $33.78, but that figure can vary drastically as well.
Why the huge range? A number of factors come into play, like:
Years of coaching experience
Geographical location
The types of skills the Life Coach has
Whether they’re self-employed or employed by a company
Whether they’re certified or not
The types of services/products they’re offering
Whether they’re working with groups or individuals
The most well-paid Life Coaches typically offer other services or products outside of traditional 1-on-1 coaching sessions. These may include:
As you can see, there are many ways you can make money as a Life Coach! If you have the drive, desire, and the right training, you can use your Life Coaching skills to generate a generous income in a number of creative and fulfilling ways.
As a Life Coach, you can enjoy unparalleled career flexibility and wake up each day knowing you’ve made a profound impact on the lives of others. You can help others bridge the gap between where they are and where they want to be. And even better, you can earn a great income doing it!
If you’re interested in a Life Coaching career, we invite you to learn more about our 8-month online Life Coach training program. At Health Coach Institute, we’ve trained over 20,000 coaches from over 60 countries to create rewarding careers doing what they love while transforming lives.
Our training program teaches a proven coaching methodology that’s rooted in habit change and healthy lifestyle design so you can help clients get lasting results. You’ll graduate with the skills, training, and confidence to coach clients effectively, and the business and marketing know-how to find clients, make money, and build a thriving career as a Life Coach. To learn more, click the button below to contact a Clarity Coach today.
