Babysitting has become good business in some parts of the country. (George Niktin/AP)Babysitting is good work if you can get it. The average hourly rate for child care services is $12.75, nearly twice the U.S. minimum wage of $7.25.
And babysitters in the Northeast do even better, earning an average of $15.50 per hour.
"Nannies and college graduates with early childhood education experience are the ones who command the higher fees," Lynn Perkins, CEO of UrbanSitter, a site that helps parents locate babysitting services, told New Jersey 101.5. "But, that could cost you $70 for date night on child care alone. That's not even including your dinner or movie."
However, before you quit your day job and launch your own babysitters club, those lucrative hourly rates aren't necessarily supported by a 40-hour workweek.
Perkins says that the Northeast and San Francisco Bay Area have the highest hourly rates, which she attributes both to local income averages and necessity.
"I believe it's also a cultural thing," she said. "In the Northeast and in the Bay Area, you have manyRead More »from Babysitters average nearly twice the national minimum wage