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> about $500 per video [..] that's about $20/hr. That's honestly pretty terrible.

Don't forget to factor in that evergreen content will continuously bring in money, especially if you're funnelling in viewers from outside the YouTube algorithm. A video I made in 2014 is still the bulk of my YouTube income

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Making money of old videos might change, if video suggestion algorithm prefer new content. Some suggest that it already have changed: https://youtu.be/03dTJ4nXkXw

If you're relying on your videos getting views for your monthly pay you shouldn't be relying solely on some constantly changing algorithm.

> especially if you're funnelling in viewers from outside the YouTube algorithm

Right. You should also be blogging, engaging with others on forums, having a solid social media presence, etc.

Especially if the content is truly evergreen. Chances are your audience has grown a year or so after posting it - tweet/fb/etc it out again!

Yeah, even with reduced discoverability evergreen content is very possible as long as you've got any exposure at all. I will often watch videos from the backlog of content creators I have newly discovered.

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