Date of Birth | August 16, 1971 |
Age | 53 years old |
Birthplace | United States |
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What is Steve Meade Net worth?
Steve Meade’s estimated net worth is $700,000. Read to know how we have calculated his net worth, earnings from YouTube, and other income sources.
Quick Intro
Steve Meade is an American YouTuber who is best-known for uploading product reviews and tests related to car audio on his channel, meade916 . Steve started the channel on July 10, 2006. Since then, he has earned more than 875k subscribers. Also, his channel has garnered a total of more than 333 million views as well. Besides YouTube, he has lots of fan followings on his other social media platforms. Also, he has more than 173k followers on his Instagram alone at the time of writing this article.
How does Steve Meade earn from YouTube?
Before making any calculations, we would like to make a statement that, the genuine calculations given below are made from the beginning of Steve Meade’s YouTube career. The estimation is not made on flawed guessing but, rather on concrete facts and figures collected directly from Steve’s YouTube details. Now let us take you on the journey full of numbers and ultimately know Steve Meade’s YouTube earnings.
Now, let us get started with the facts and figures. At the time of writing this article, Steve Meade has exactly 875k subscribers. Steve has been consistent in uploading videos, with over 1,559 on his YouTube closet. These videos have earned more than a whopping 333,152,755 views till now.
WAIT, now comes the crucial piece of information which you should definitely know to understand the meaning of the results and estimation of Steve’s YouTube earnings below.
First off, YouTube pays YouTubers by placing a piece of ads while the viewers watch their videos. Do you remember the annoying ads popping all over your face?
(Image source: parqamarketing.com)
Yup, that is the main source of their income and earnings. For every 1000 views, advertisers pay an average of $2 – $5, which varies factors such as devices, location, types of ads, user engagement, and many more. Now, YouTube takes its cut of 45% of the overall advertising revenue.
For example: if an advertiser paid the average $5 CPM (Cost per 1000 views), YouTubers get 55% of $5 = $2.75, and the remaining $2.25 goes to Google (45%). Hope it clears the general idea of the YouTube earning system.
What is Steve Meade earnings from YouTube?
FINALLY, let’s know what you have been waiting for.
As mentioned above, the total video view from the beginning is 333,152,755. So, now dividing it by 1000, the total number of 1000 views is 333153.
Now, by taking an average of $3 per 1000 views, the total YouTube earnings is $999,459.
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HOLD ON? NO TAX FOR YOUTUBERS?
Does any Government leave a person who earns from any sources? – A BIG NO. Generally, YouTubers fall into the category of people who are self-employed.
According to medium.com, YouTubers fall into the category of 20% tax bracket as self-employed individuals.
So, deducting 20% from the above results, Steve Meade’s estimated YouTube earnings is $799,568.
Other Income
Sponsorship: As Steve has more than 173k followers on his Instagram account, advertisers pay a certain amount for the post they make. Considering Steve’s latest 15 posts, the average engagement rate of followers on each of his posts is 0.49%.
Thus, the average estimate of the amount Steve charges for sponsorship is between $518.25 – $863.75.
Thus, after all the facts and figures explained above, and adding up his YouTube earnings and other income streams, his net worth is $700,000.
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