Freelance Business Journalists Doing Much Better

Last year we covered a survey of freelance business journalists that seemed to say that most were making only $30,000 a year, ironic for a group of people who cover, y’know, business.

At the time we noted that the survey was bound to have a high margin of error with only 67 responses.

That turns out to have been true, for the most part. A new survey conducted by the Donald W. Reynolds National Center for Business Journalism has found that business reporters make an average of $55,714, and freelancers make more than newspaper reporters.

Fewer business journalists reported a drop in pay than when the same question was asked a year ago, and many said that their newsrooms were actually hiring.

Here are the median salaries for business journalists, broken down by place of employment, for 2010-2011:

  • Print: $50,100
  • Freelancing: $54,091
  • Broadcast: $55,588
  • Online: $57,308
  • Wire services: $78,438