The average life coach salary Florida coaches can make is largely contingent on where in the State they live and work. How much can a life coach make specifically in Miami, Florida? Well, it depends, let’s find out.
The Life Coaching Business in Miami, Florida
If you have been to Miami, you will see that it’s a very vibrant and adventurous place to visit and probably live. It is a metropolis, located in southeastern Florida. I had the pleasure of traveling there a couple of times in the 90s with friends, and I know it has drastically changed since then. Regardless of your life coaching niches, Miami is a place where like major cities in its league, you will have tons of prospective coaching clients, both personal and professional, that will require your services. Miami is nicknamed the “Capital of Latin America.” It is one of the largest majority-minority cities in the United States, with over 72.7% of Hispanic and Latino descent. According to the 2020 ranking of world cities undertaken by the Globalization and World Cities Research Network (GaWC), Miami is considered a Beta + level world city. It has a Gross Metropolitan Product of $257 billion, ranking 11th in the United States and 20th worldwide in GMP. In a nutshell, the city has one of the most thriving economies amongst cities in the United States, thanks to tourism, its most significant industry. Amidst the COVID-19 pandemic, the economic outlook looks promising. A person is bound to succeed considerably in their coaching profession in this metropolis.
The Average Life Coach Salary Florida – Factors Affecting Coaches Pay in Miami
One major thing that will affect the average life coach salary Florida coaches make is the geographical location. Although, as a life coach, you can practically have clients all over the State of Florida or even other states, your location places a huge role in how your fees are set up. According to Careerbuilder.com, a globally recognized job site, Miami’s average life coach salary is $80,500, and it’s one of the top-paying cities in Florida.
The site states that a life coach typically earns between $40K and $200K, and of course, other factors such as cost of living, job status (i.e., self-employed or employee), and level of experience play a major part in how much one earns. If you are looking at online service platforms like Thumbtack, where services are advertised, Life coaches in Miami typically charge between $75 and $450 per 60-minute session. $450 is on the extremely high side, and this individual I located was a certified life and health coach with a doctorate in Pharmacy. She had been hired for her services multiple times and received excellent reviews. So I guess her education, expertise, and decades of experience earned her the right to charge that much.
Still curious or concerned about what life coach salary Florida coaches look like? No need to worry! The demand for life coaches in Miami and throughout Florida has dramatically increased partly due to the increasing diversity. Hence the need for coaches who specialize in helping expatriates and other immigrants acclimate to their new environments and cultures. Suppose you have just relocated to the city or are new to the life coaching profession. In that case, you will not have any problem building a successful and financially rewarding life coaching career in this lively city.
Margaret K. Olubiyi
Writer, Coaches Training Blog community