Self-employment method
Lessors of Real Estate
1,314,061 people filed as a nonemployer business under this industry code in 2022 — no payroll, no employees, just them. These are gross receipts reported to the IRS, before any expense is taken out.
Median GROSS RECEIPTS for the year — money in, before rent, materials, fuel, insurance or tax. This is not take-home pay.
Share who grossed under $10,000 for the whole year — before expenses.
The middle half, in gross receipts. A quarter of filers took less than the lower figure.
Source: US Census Bureau, Nonemployer Statistics 2022 · view
How often it does not work out
Of the 1,314,061 people who filed under this code in 2022, 8.26% grossed under $10,000 for the entire year — before a single expense was deducted.
That is a floor, not an estimate. Census publishes GROSS RECEIPTS, not net income. Everyone inside that share earned less than the figure suggests once rent, materials, mileage, insurance and self-employment tax came out — and filers who grossed well above the threshold may still have netted nothing. The true share of people who earn nothing meaningful from this is higher than the number above, never lower.
Denominator: establishments_total = 1,314,061 · US Census Bureau, Nonemployer Statistics 2022 · view
Every filer, by what they grossed
The full receipts distribution as Census publishes it. The median above is interpolated inside whichever band contains the 50th percentile, so this table is what that figure is derived from.
| Gross receipts for the year | Filers | Share |
|---|---|---|
| Under $5,000 | 47,976 | 3.7% |
| $5,000 to $9,999 | 60,594 | 4.6% |
| $10,000 to $24,999 | 185,616 | 14.1% |
| $25,000 to $49,999 | 221,742 | 16.9% |
| $50,000 to $99,999 | 256,882 | 19.5% |
| $100,000 to $249,999 | 296,686 | 22.6% |
| $250,000 to $499,999 | 151,901 | 11.6% |
| $500,000 to $999,999 | 92,572 | 7.0% |
| $1,000,000 to $2,499,999 | 92 | 0.0% |
Who this suits
A median of $77,464 in gross receipts is high for a nonemployer business. Enough revenue passes through the middle of this field that a full-time living is plausible for the people running it well.
1,314,061 filings make this a crowded field. Crowding is not automatically bad, but it does mean the price of the work is set by whoever will do it cheapest.
41.2% of filers grossed $100,000 or more, which is high for this dataset. A substantial share of this field is running an actual business rather than an occasional one.
Independent real estate and leasing work suits people with enough runway to survive a transaction cycle, since income arrives in irregular lumps rather than monthly.
There is no training requirement to file under this code — which is precisely why so many people appear in the bottom bands. Entry being free is not the same as the work being viable.
Who should not do this
The top quarter of Lessors of Real Estate earns 7.2x the bottom quarter — under $28,870 against over $207,556, a spread of $178,686. Distributions this stretched are usually two different jobs sharing one label, and any average across them means little.
The bottom quarter of Lessors of Real Estate earns under $28,870 — $21,150 below the $50,020 a typical American job pays. Entering at the bottom and waiting is a live risk here, not a theoretical one, and some people never leave that quarter.
Do not start this if you need monthly income; commissions arrive months apart and the first one is the slowest.
Of the 1,314,061 people who filed as Lessors of Real Estate in 2022, 8.3% — about 108,541 of them — grossed under $10,000 for the entire year, before a single expense was deducted. That is the gentlest end of this dataset and it is still roughly one filer in four.
Read that as a floor, not an estimate. Census publishes gross receipts, not net income, so everyone inside that share earned less than $10,000 suggests once costs came out — and filers who grossed well above $10,000 may still have netted nothing.
What the spread tells you
A ratio of 7.2x between the quarters is the signature of a winner-take-most distribution. $77,464 is a real number about a real population, but nobody entering Lessors of Real Estate should plan around it.
In cash terms the middle half of Lessors of Real Estate runs $28,870 to $207,556 — $178,686 a year between the 25th and 75th percentiles, against a midpoint of $77,464.
Getting to $207,556, the 75th percentile, is worth $130,092 a year more than the $77,464 midpoint and $178,686 more than the $28,870 a quarter of Lessors of Real Estate settle for.
Per hour at a standard full-time year that is $37.24 at the midpoint for Lessors of Real Estate, $13.87 at the 25th percentile and $99.78 at the 75th, against $24.04 for the typical American job.
Counted straight off the return: 47,976 filers grossed under $5,000, 60,594 took $5,000 to $9,999, 185,616 took $10,000 to $24,999, 541,251 cleared $100,000 and 244,565 cleared $250,000.
What these figures are, and what they are not
Every figure above is GROSS RECEIPTS, before expenses — money that arrived before rent, materials, fuel, insurance and self-employment tax. The $77,464 midpoint for Lessors of Real Estate is not take-home pay and is not comparable to a $77,464 salary.
With no unpaid-hours or cost data for Lessors of Real Estate, the hourly figure is $77,464 over a 2,080-hour year — a unit conversion, not an adjustment.
How this is calculated · Self-employment failure rates · Look up something else