As a group, freelancers tend to be experienced professionals. More than half are over the age of 35 and the largest cohort (more than 45 percent) are over the age of 45. It’s the result of the fact that many consultants go out on their own at the peak or towards the end of a successful career.
But those demographics are shifting. Today, the fastest growing segment of self-employed population is between 24 and 35. This group, which represents the millennial generation, has shown a strong interest in entrepreneurship and independent work, not as a career capstone but as an intentional lifelong earning practice.