What is a Sugar Daddy? Definition & Meaning
What does sugar daddy mean? In short, it’s a man who buys presents/gives money to a (typically) younger companion so that the younger companion (typically a woman in her 20s) spends time and has a sexual relationship with him. Here, we’ll discuss this in more detail.
Top Sugar Dating Sites to Find Sugar Daddy
Definition of a sugar daddy
So, what is sugar daddy? The vocabulary “sugar daddy” meaning is “a rich, older man who gives money to a young woman in return for companionship or/and sexual favors”.
Some sugar daddies are more focused on financial advice and gifts, some sugar relationships don’t include sex, etc, but in general, this sugar daddy definition is very close to reality.
What’s a sugar daddy and how many SDs are there?
The exact number of sugar daddies in the United States is not revealed—not surprisingly, bearing in mind how sensitive this subject is—but according to the statistics provided by Seeking Arrangement, there are at least 2,000,000 sugar daddies (the number of sugar babies is at least 4 times higher).
Yes, it’s only one website, but it’s the website with the highest number of sugar babies and sugar daddies in the US—so think of it as Facebook for sugar dating platforms. Such a ratio (1 to 4) means sugar daddies have a lot of chances to find a sugar baby, but it also means that most sugar babies are not exclusive with their SDs.
The states with the most sugar daddies are Nevada, New York, Massachusetts, California, and Texas, according to the statistics provided by the same site—but of course, it’s not only about these states. According to the heat map, there are hundreds of thousands of sugar daddies on the East Coast, as well as in Washington, Oregon, and in some Midwest states (Utah and Colorado). There are only a few sugar daddies in Montana, South/North Dakota, Wyoming, and Nebraska—but this might be because of obsolete statistics, nothing more.
An average sugar daddy: Age, occupation, income
In 2007, the average sugar daddy income was $321,000 and the average sugar baby allowance was about $74,000. 6 years later, the numbers were different—in 2013, the average SD income was $273,000 and the average allowance dropped 18% (from $74,000 to $61,000).
Another 7 years later, the numbers drop again—the average sugar daddy in 2021 makes $250,000 annually, and the average sugar baby makes $2,800 monthly ($33,600 annually). The average age of SDs is 42 years old, but more and more rich young guys are interested in what is a sugar daddy lifestyle, so there are lots of SDs in their 30s today.
As for occupation, according to the statistics revealed in 2013, most sugar daddies were entrepreneurs (26%), executives (10%), or worked in the finance/legal industry (16%/5%).
What do sugar daddies look for and why do they become SDs?
What does daddy mean in a relationship? Some sugar daddies say that having a sugar baby is like being in the honeymoon stage most of the time—SDs get treated well and get as many romantic evenings as they want without any downsides.
For most SDs, it’s all about getting all the advantages of casual, no-strings-attached relationships and satisfying all the needs they have without wasting tons of time on dates that don’t work out. It’s just easier and less time-consuming for them to pay for sugar dating, that’s all. Their requirements are simple, but not easy—most sugar daddies look for young (18-28 y.o.), attractive, and intelligent women to become their sugar babies.
The number of sugar babies is constantly growing and this won’t stop because the driving force of this growth, student debt, is not going to go away anytime soon. The number of sugar daddies is growing as well because the average monthly allowance for sugar babies is constantly decreasing. The market is on its rise—and the best time to enter it is right now.