Tom Pemberton Farm Life Net Worth: How Much Money He Makes On YouTube
Tom Pemberton Farm Life Net Worth – $700,000
Tom Pemberton Farm Life is a popular YouTube channel created by a young farmer from Lancashire, England named Tom Pemberton. He has been able to generate an estimated net worth of $700,000 from the channel. He comes from a long lineage of farmers and naturally took up the role. The farm, located in Lytham, Lancashire, was purchased by his grandfather and one of his great-uncles in 1950. They ventured into dairy farming and started selling milk directly to consumers.
Tom decided to venture into farming while holidaying in Portugal. At the time he was just 16 years old and was attending school. In 2010, he joined Royal Agricultural University in England to study Agriculture, Agriculture Operations and Related Sciences. He dropped out after two years to pursue farming full-time in his family farm. He got the idea to do YouTube after stumbling upon a YouTube video about a milk vending machine he felt he could produce a better video than that.
How Much Money Does Tom Pemberton Farm Life Earn On YouTube
The channel has over 600,000 subscribers and has accumulated over 200 million views so far. It is able to get an average of 180,000 views per day from different sources. This should generate an estimated revenue of $1,400 per day ($500,000 a year) from different sources.
YouTube content creators based in the US, UK, Canada and Australia generally get paid $2 – $12 per 1000 monetized views after YouTube takes its cut. Monetized views usually range from 40% – 80% of the total views. All these are influenced by several factors like the device played on, time of the year, the location of the viewer, ad inventory, how many ads there are on a video, how many people skip the ads, type of advertisement, ad engagement, type of content, etc.
The cost of an ad view is based on an auction between advertisers based on views. Advertisers have to bid a minimum of $0.01 per view. There is also a program known as Google Preferred where deep-pocketed companies can target ads on the top 5% most popular content. The ad rates here are higher than normal.
Apart from ads, YouTube content creators also generate extra income from other methods such as YouTube Premium, Superchats & Superstickers, Super Thanks, Channel Membership and Shopping.
YouTube Premium viewers pay a monthly fee to view premium content on YouTube and watch videos without ads. Here, content creators get paid based on watch time on their videos. The longer the viewers watch their videos, the more money they earn.
Super Chat and Super Sticker are used by fans to connect with creators during live streams and premiers. When one buys a Super Chat, their comment is highlighted within the live chat while the Super Stickers get an animated image that surfaces in live chat. Super Thanks lets creators earn revenue from viewers who want to show extra gratitude for their videos. Fans can buy a one-time animation and get to post a distinct, colorful, and customizable comment in the video’s comment section.
Shopping allows eligible creators to connect their stores to YouTube to feature their own products.
YouTube Shorts generate revenue in a different way as compared to traditional videos. The revenue from ads appearing between Shorts will be pooled together then a portion of the total revenue will be allocated to a Creator Pool. Each country has its own Creator Pool. Eligible creators will be paid based on their share of total views. Shorts that use music make less money due to licensing costs.
General Expenses
Content creators incur a wide variety of expenses to create their content. These can include things like production costs, employee salaries, travel expenses, rent, buying new equipment, utilities, amenities, entertainment, subscription fees and other living expenses. One of the biggest expenses for most creators is taxes. Your tax brackets generally depend on your income. In a country like the United States, the highest tax rate is 37%. A combination of all these expenses determines one’s ability to save and invest, consequently how much one’s net worth grows.
Other Sources Of Income
In 2022, Tom published a book titled Make Hay While The Sun Shines: A Year On The Farm. He also runs a farm shop by the name, Pembertons Farm Shop & Dairy in Birks Farm, Ballam Road, Lytham. He also has the role of farm manager and took up the role of a presenter on BBC’s The Fast & Farmer.
Merchandise sales also make up an extra portion of his total revenue.