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It depends very much on where he is hired, and whether it is one-time thing for an event or once a night every night. One-time things pay more, but they will likely be far and in between, whereas a standing gig will pay less but be more reliable.
One-time things won't pay for your cost of living anywhere, unless you get a lot of business, so it's better to do as a part-time job and have a more reliable job to pay the bills. At my old school the guy who did the dances got a couple hundred each time, but that was like twice or thrice a year.
A disc jockey who works a club repeatedly won't be rich, unless he's really charismatic, the club wants to keep him rather badly, and it's an expensive club (this is what dreams are made of, lol).
According to payscale.com, the average guy will be getting about 20-40k annually working at a radio station depending on where he lives.
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