According to the May 2016 Author Earnings report found here, the answer is a resounding Yes! If we focus on just the past 3 years or past 5 years or even past 10, there are more indie authors in each of the following categories: annual income from book sales of $10,000, $25,000, $50,000, $100,000, $250,000, and even $500,000. That is, there are more indie authors in these categories compared to the number of authors published through the Big Five publishing houses, small and medium publishers, and Amazon published.
Although it might not be surprising that indie authors outnumber the other categories, because there are just more indie authors in general, it is great to see that so many indie authors are doing well in every tax bracket–and from new authors in the last three years to more experienced authors in the last 10 years.
Perhaps, the exciting thing is that there appears to be a rather large audience that supports indie authors, even new ones. The trick for indie authors may be getting those full-length novels written in greater numbers and building a fan base. So, here’s to the sound of clicking computer keys. Imagination, enjoyment, and money await.