Reddit Statistics 2024: Users, Revenue & More

Loved by over 1.2 billion users, Reddit is one of the most influential sources of information as of 2024.

Reddit has an average of 91.2 million daily users (DAU), and over 500 million Reddit accounts exist as of 2024.

Let’s take a look at the latest Reddit statistics to understand how many Reddit users are there, revenue, growth, and more.

Reddit Statistics 2024 (Top Picks)

  • Reddit has an average of 91.2 million daily users in 2024. 
  • There are an estimated 1.21 billion active monthly users.
  • The United States has 26.4 million monthly Reddit users.
  • There are currently more than 138,000 active subreddits.
  • Reddit has 16 billion posts and comments collectively.
  • Reddit amassed nearly $522.4 million in ad revenue in 2023.
  • Reddit is valued at more than $10 billion. 
  • Reddit is the 9th most popular social media platform in the US as of 2024. 
  • Males comprise 61.2% of Reddit’s user base, while females comprise 37.8%.
  • Reddit has a prevailing user base of age groups from 18 to 29 years.

How Many Reddit Users Are There?

1) There Are 91.2 Million Active Daily Users On Reddit

Reddit has experienced a surge of new daily users between 2021 and 2022, gaining over 15 million active users.

 The conciseness and reliability of the content on Reddit have helped the platform amass such a big audience.

With an abundance of daily users, Reddit is updated with the latest and trending content every day. The users are the main contributors to the platform.

Number Of Reddit Daily Active Users Over The Years

Here is a table showing the number of Reddit daily active users over the years:

YearActive Daily Users
202491.2 million
202373.1 million
202257.5 million
202153.3 million

Source: Reddit

2) Reddit Is Predicted To Have 1.21 Billion Monthly Active Users

The frequency of Redditors using the platform is high on a monthly scale. In 2020, Reddit reported around 430 619 million active users, most of whom were daily users.

Though Reddit stopped reporting the monthly user count, This number is set to increase to billions in the future.

Reddit Monthly Active Users

Timeline of monthly active users:

YearActive Monthly Users
2026*1,507 million
2025*1,360 million
2024*1,212 million
20231,021 million
2022918 million
2021861 million
2020619 million
2019430 million
2018331 million

These numbers are projected considering a CAGR of 38.88% from 2015-2021

3) The United States Has 26.4 Million Redditors

The USA comprises around 47% of the total user base, with 26.4 million active Reddit users.

Reddit’s User Base As Per Traffic Shared By Country

Here is Reddit’s user base as per traffic shared by country:

CountryUser Traffic Share
United States51.75%
United Kingdom7.15%
Canada7.09%
Australia3.57%
Germany 2.84%
Others27.6%

Sources: Similarweb

3) 72% Of Redditors Use Reddit For Entertainment And 43% For News

Due to its reliable and trustworthy content contributors, 43% of Reddit users turn to the platform for news, and 72% use it as a means of entertainment. 

Reddit is full of content contributors from all niches. Reddit caters to every other need, from news and information to memes and marketing. With over 2.2 million subreddits, there is a subreddit for various topics. 

Here is a brief of Reddit usage by category in the US:

For entertainment72%
For news43%
For Brands/Companies17%
To strengthen the professional network8%

Sources: Statista

4) Reddit Is Most Popular With People Aged 19 To 29 Years

Since most Reddit content is more appealing and relevant to the 90’s and GenZ kids, the Most dominant age group on Reddit is 19-29 years. A study in 2021 found that 36% of the adults using Reddit were between 19 and 29 years old.

Reddit User Percentage In Accordance With Age In The Us

Reddit user percentage in accordance with age in the US.

Age GroupUser Percentage
18 – 29 44%
30 – 4931%
50 – 6411%
65+3%

Sources: Statista

5) 37.8% Of Women And 61.2% Of Men Use Reddit Globally

Due to the overall internet users being males, Reddit has been a male-dominated platform since the beginning.

As of 2024, 61.2% of users on Reddit are male, while 37.8% of users are female. 

Female audience is growing on Reddit due to more women-oriented subreddits like r/MakeupAddiction, r/Makeup, and r/SkincareAddiction.

Sources: Statista

6) Reddit’s Premium Subscribers Will Reach 555,910 By 2024

Reddit also has a premium subscription plan that offers ad-free browsing, custom avatars, and gear. Many have opted to get premium, and more than 473,685 users are using Reddit Premium as of 2022.

Premium subscribers count over the years.

YearSubscribers
2024*555,910
2023530,590
2022473,685
2021344,292
2020247,680
2019172,000
2018132,308

Sources: Statista

Subreddit And Posts Statistics

Reddit has various dedicated communities called Subreddits where people with similar interests can post and discuss a topic. 

7) Reddit Has Over 138,000 Active Subreddits

More than 2.2 million subreddits exist, of which 138,000 are considered active. These subreddits house millions of members and are heavily moderated.

Subreddits are the flesh and bones of Reddit. Users can join and contribute to the subreddits according to their needs and interests.

Here is a table showing some of the biggest subreddits by user count:

SubredditMembers
r/announcements 263 million
r/funny54.5 million
r/Askreddit43.9 million
r/gaming39 million
r/aww35 million
r/worldnews34 million

Sources: Reddit

8) Reddit Has Over 16+ Billion Posts And Comments

There are more than 16+ billion comments and posts on Reddit combined.

Due to tightly knit and helping communities on Reddit, a comment is more valuable than a post. Hundreds of posts are made on Reddit daily, and thousands of comments are posted.  

Sources: RedditInc

9) In 2022, More Than 492.3 Million Posts And 2 Billion Comments Were Made On Reddit

Reddit is famous for its open nature and information-driven posts and comments. Reddit reported a massive total of over 492.3 billion posts and 2+ billion comments in 2022.

This number will be much higher in the coming years as Reddit is gaining much traction worldwide.

Most Upvoted Posts On Reddit

In 2022, Many wholesome posts received a lot of upvotes from Reddit users.

10) Ask Me Anything Posts Are The Most Responsive On Reddit

PostUpvotes
Full screenshot of r/place 2022434,300
Ukraine handed over nuclear weapons to Russia403,500
he finally got his acorn326,800
Man stops to rescue kitten, gets ambushed by platoon323,425

The AMA section is quite popular among Reddit users and non-users since it is centered around asking questions and getting informative responses with a hint of humor.

This section of Reddit is always on for action, with many celebrities and stars turning up to the AMA subreddits to interact with fans.

PostUpvotes
Hello, I’m Nicolas Cage, and welcome to Ask Me Anything197,540
I am Jon Stewart, host of The Problem with Jon Stewart59,200
I’m Bill Gates, co-chair of the Bill and Melinda Gates Foundation29,775
I’m LeVar Burton, host of LeVar Burton Reads. AMA!41,000

Source: Reddit

Reddit Revenue Statistics For 2024

With millions of users worldwide, Reddit also has amassed significant revenue over the years.

11) Reddit Acquired $503 Million In Ad Revenue In 2022

Reddit generates the majority of its revenue through online ads. The social platform made around $503 million in revenue in 2022.

Ad Revenue Generated over the years:

YearRevenue
2022$503.5 million
2021$362.82 million
2020$176.71 million
2019$109.5 million
2018$60.58 million

Sources: Statista

12) Growing Revenue From Reddit’s Premium Subscriptions 

Reddit accumulated around $23.68 million through the premium subscription fee.

Reddit also makes significant money from the premium subscribers’ revenue. The platform is set to make approximately $32.57 million in premium subscriber revenue. 

Revenue from premium subscriptions over the years.

YearRevenue
2026*$36.48 million
2025*$32.07 million
2024*$27.79 million
2023$26.52 million
2022$23.68 million
2021$17.21 million
2020$12.38 million
2019$8.6 million
2018$6.6 million

Sources: Statista

13) Reddit Had A $1.02 Average Revenue Per User In 2023

Reddit’s average revenue per user has almost doubled in 2023. Reddit’s ARPU has been increasing at a healthy rate over the past few years.

Average Revenue Per User over the years:

YearAverage Revenue Per User
2023$1.02
2022$0.6
2021$0.46
2020$0.32

14) Reddit Was Valued At Over $10 Billion In 2021

Reddit has received funding from various sources since it gained popularity. Due to the prestige brand presence, many famous personalities like Sam Altman, Snoop Dogg, and Jared Leto have invested in Reddit.

Investments in Reddit over the years:

YearInvestorAmountValuation 
2021Fidelity Investments$700 million$10 billion
2019Tencent$300 million$3 billion
2017Advance Publications$200 million$1.8 billion

Sources: Wikipedia

General Reddit Statistics & Facts

  • As of October 2023, Reddit has over 1.9B site visits, ranked 10th in the USA, and an average visit duration of 8 minutes and 16 seconds. Similarweb
  • In 2022, over 430 million posts were created and submitted on Reddit.
  • 86% of internet users trust product reviews and opinions on Reddit.
  • Reddit posts with titles of 60 to 80 characters receive the most upvotes: over 8,000 on average.
  • In 2022, 780,604 subreddits were removed due to spam and content manipulation.
  • Over 96% of Reddit’s content is published in English. German, Spanish, Portuguese, and others make up for the remaining 4%.
  • Reddit has over 100 million app downloads on the Google Play Store.
  • Reddit is banned in China and Indonesia.
  • 59% of all Reddit content was removed by moderators (AI algorithms and humans).
  • As of June 2023, Reddit has around 2000 employees.
  • In the United States, 70% of Reddit users are white, 12% are Hispanic, and 7% are black.
  • Python, GO, and JavaScript are used in the programming of Reddit.

Conclusion: Reddit Has More Than 1.2 Billion Monthly Active Users (MAU)

Reddit has solidified its position as a major player in the social media landscape. With 91.2 million daily active users and 1.21 billion monthly active users projected for 2024, the platform continues to grow rapidly. Reddit’s appeal spans generations, with 44% of users aged 18-29. 

The platform’s diverse content, including 138,000 active subreddits, caters to various interests. With $522.4 million in ad revenue in 2023 and a valuation exceeding $10 billion, Reddit’s financial success mirrors its user engagement. As it evolves, Reddit remains a powerful hub for information, entertainment, and community interaction.

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