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GigFinance
Freelance-marketplace Founded 2015

Upwork

World's largest freelance marketplace for remote work across all industries.

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In This Article

Earning Potential
$20-$150+/hour
Headquarters
San Francisco, CA

Pros & Cons

Pros

  • Huge client base
  • Payment protection
  • Various project types

Cons

  • 20% fee on first $500
  • Competition
  • Time to build reputation
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Requirements

  • Skills in demand
  • Profile approval
  • Internet connection

Features

Hourly and fixed-price contracts
Talent badges
Direct contracts
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FAQs

Is Upwork worth it?

Yes for building a freelance career; takes time to establish.

How much does Upwork take?

20% on first $500, 10% up to $10K, 5% after with each client.

How much can I earn on Upwork?

Earnings on Upwork vary based on factors like location, hours worked, service quality, and demand in your area. Many workers report earnings that make the platform worthwhile for their situation. Your actual income will depend on your commitment level and local market conditions.

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Fact-Checked Expert Reviewed Regularly Updated
Last updated: January 18, 2026
Reviewed by GigFinance Team, Gig Economy & Finance Experts
Our Editorial Standards

How We Research & Review

Our team includes CPAs, former gig workers, and financial experts who personally test platforms and verify earnings claims. We follow strict editorial guidelines to ensure accuracy and objectivity.

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Important Disclaimer: This content is for informational purposes only and should not be considered tax, legal, or financial advice. Consult a qualified professional (CPA, tax attorney, or financial advisor) for advice specific to your situation.