Race Car Driver Salary

How much does a Race Car Driver make?

The average Race Car Driver in the US makes $64,168. Race Car Drivers make the most in Los Angeles at $64,168, averaging total compensation 0% greater than the US average.

U.S. Average

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The average race-car-driver in the US makes $64,168

Salary Ranges for Race Car Drivers

The salaries of Race Car Drivers in the US range from $19,910 to $187,200 , with a median salary of $44,680 . The middle 50% of Race Car Drivers makes $28,400, with the top 75% making $187,200.

How much tax will you have to pay as a Race Car Driver

For an individual filer in this tax bracket, you would have an estimated average federal tax in 2018 of 22%. After a federal tax rate of 22% has been taken out, Race Car Drivers could expect to have a take-home pay of $54,111/year, with each paycheck equaling approximately $2,255*.

* assuming bi-monthly pay period. Taxes estimated using tax rates for a single filer using 2018 federal and state tax tables. Metro-specific taxes are not considered in calculations. This data is intended to be an estimate, not prescriptive financial or tax advice.

Quality of Life for Race Car Driver

With a take-home pay of roughly $4,509/month, and the median 2BR apartment rental price of $2,506/mo**, a Race Car Driver would pay 55.57% of their monthly take-home salary towards rent.

** This rental cost was derived according to an online report at Apartment List
*** Average cost of living was acquired from Numbeo's Cost of Living Index

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