Top Earners on Medium
In the past, it was possible to have a basic idea about the earning potential of writers. Back then, Medium regularly published reports that showed how much money top writers on the platform were earning, as well as the percentage of writers making $100 or more each month.
The company has been a bit more guarded towards releasing such data of late, but it is still possible to have an idea of the possibility of making money on Medium. Medium’s 2020 reports, for instance, noted that writers have collectively been paid a total of $28 million since the Partner Program was launched in 2017.
Based on that same report, 2020 appears to have been the most profitable year for Medium writers so far. The platform paid out over $11 million dollars during the period. Also in 2020, the largest payout to a single writer was said to be $49,705, and one article earned almost $16,700 – the most by a single story published on the platform up to that point.
Those figures, of course, are the exception rather than the norm. It is estimated that only about 70% of writers on Medium actually earn an income. But the number of writers who earn $100 or more monthly is believed to hover around 5-6%.
Some of the top contributors on Medium have shown that there is great potential to earn a lot of money. However, getting to this level requires a lot of patience, in addition to constantly publishing fresh and relevant content that people want to read.