Discovering Vice Grip Garage's YouTube Earnings (Get the scoop!)

Summary

In this video, Nathan breaks down the earnings of the popular YouTube channel 'Vice Grip Garage,' created by Derek Bieri. With 829K subscribers and 8.8 million views, the channel generates significant revenue from AdSense and merchandise sales. After analyzing daily views and CPM rates, it is estimated that the channel earns over $650,000 annually before expenses. After deducting taxes and expenses, Derek’s take-home pay is around $292,473. The video also explores his merchandise income, with an estimated annual profit of over $265,000. The breakdown provides a detailed insight into the financials behind this successful YouTube channel.

Takeaways

• 😀 Vice Grip Garage is a YouTube channel created by Derek Bieri, dedicated to restoring old and rusty cars.
• 😀 The channel currently has 829K subscribers and 8.8 million views across all videos (as of 2021).
• 😀 The average daily views on Vice Grip Garage are 296,126.
• 😀 The channel earns revenue through adsense with an average CPM (Cost Per 1,000 Views) of $6.12.
• 😀 From adsense, the channel earns approximately $652,425 annually, after YouTube takes its 45% cut.
• 😀 The channel also generates income from merchandise, with an estimated annual profit of $265,824 from merchandise sales.
• 😀 The total combined income from adsense and merchandise is $624,657 before expenses.
• 😀 Vice Grip Garage's expenses are estimated at 20% of its income, totaling $124,931 annually.
• 😀 After deducting expenses, the taxable income comes to $499,726, and after taxes, the channel earns $292,473 annually.
• 😀 On an hourly basis, Derek Bieri earns $141 per hour, based on the take-home pay of $292,473 annually.
• 😀 The video invites viewers to comment on how they would spend this hourly income and suggests subscribing for more income breakdowns of YouTubers.

Q & A

Who is the creator behind the Vice Grip Garage channel?

The creator behind the Vice Grip Garage channel is Derek Bieri, who is passionate about saving and restoring classic cars.

What is the current subscriber count of Vice Grip Garage as of 2021?

As of 2021, Vice Grip Garage has a subscriber count of 829,000.

What is the total view count across all videos on the Vice Grip Garage channel?

The total view count across all videos on Vice Grip Garage is 8.8 million.

How many daily views does Vice Grip Garage get on average?

Vice Grip Garage receives an average of 296,126 daily views.

What is the average CPM rate for Vice Grip Garage?

The average CPM rate for Vice Grip Garage is $6.12, based on an average range between $5 and $8.

How much does Vice Grip Garage make annually from AdSense revenue?

Vice Grip Garage makes approximately $358,833 annually from AdSense revenue after YouTube takes its cut.

What kind of merchandise does Vice Grip Garage sell, and how much revenue does it generate?

Vice Grip Garage sells a variety of products, with the average price being $24.95. Merchandise generates about $265,824 annually.

What is the total income of Vice Grip Garage from both AdSense and merchandise?

The total income from both AdSense and merchandise for Vice Grip Garage is $624,657 annually before expenses.

How much does Vice Grip Garage pay in taxes annually?

Vice Grip Garage pays a total of $145,359 in federal taxes, $18,431 in FICA taxes, and $43,413 in state taxes annually.

How much does Vice Grip Garage earn per hour after taxes?

After taxes, Vice Grip Garage earns $141 per hour, which is derived from an annual take-home pay of $292,473.