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Income Averages for the Top 10 Coaching Niches

Updated: Aug 17, 2023



Most considering coaching as a profession OR those trained and ready to leave behind a paycheck will rightly ask, "Can I make a good living as a coach?" If so, "What might that look like?"


As you likely know, earnings can vary widely depending on factors such as experience, location, client base, and niche specialization.


However, here are some estimates based on industry research and surveys:


1. Executive Coaching: \According to the International Coach Federation (ICF), the average annual income for executive coaches who specialize in working with corporate executives and leaders ranges from $150,000 to $350,000.

2. Business Coaching: Business coaches who work with entrepreneurs, startups, and small businesses can earn between $200-$500 per hour. The average annual income for business coaches can range from $50,000 to $150,000, depending on experience, niche, and client base.

3. Leadership Coaching: Leadership coaches who specialize in developing leadership skills and competencies can earn between $200-$500 per hour, with an average annual income of around $70,000-$90,000.

4. Life Coaching: Life coaches who work with clients on personal and lifestyle goals can earn between $100-$300 per hour, with an average annual income of around $40,000-$60,000.

5. Health Coaching: Health coaches who specialize in helping clients achieve their health and wellness goals can earn between $100-$250 per hour. According to the ICF, the average annual income for health and wellness coaches ranges from $50,000 to $75,000, although experienced coaches can earn more.

6. Career Coaching: Career coaches who work with clients on career development and job search strategies can earn between $100-$300 per hour. According to a survey by PayScale, the average annual income for career coaches is around $46,000, although experienced coaches can earn up to $100,000 or more.

7. Performance Coaching: Performance coaches who specialize in helping clients improve their performance in sports, music, or other areas can earn between $100-$500 per hour. The average annual income for performance coaches can range from $50,000 to $150,000, depending on niche and client base.

8. Relationship Coaching: Relationship coaches who work with clients on improving their personal and professional relationships can earn between $100-$250 per hour, with an average annual income of around $50,000 up to $100,000 depending on niche and client base.

9. Financial Coaching: Financial coaches who help clients with financial planning and management can earn between $100-$300 per hour. According to PayScale, the average annual income for financial coaches is around $51,000, although experienced coaches can earn up to $125,000 or more.

10.Sales Coaching: Sales coaches who specialize in helping sales professionals improve their sales skills and performance can earn between $200-$500 per hour, with an average annual income of around $70,000-$90,000.


Again, these figures are estimates based on industry research and surveys, and earnings can vary widely depending on individual circumstances.


It's important to note that coaches who typically charge per package rather than an hourly rate actually earn way above average. That's part of the training we offer through We Train Coaches : )


ALSO


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