Contractor Hourly Rate Calculator

Enter the pay you want, your overhead, and how many hours you can actually bill. See the rate you need to charge to cover your costs and turn a real profit — instantly, in your browser.

Charge at least

$71.23/hr

Break-even rate (no profit)$64.10/hr
Billable hours1,248 hrs/yr
Revenue target / year$88,888.89
Profit built in$8,888.89

Free 14-day trial · No credit-card prompt to start

“Salary ÷ 40 hours” is how trades go broke.

Billable hours

A 40-hour week is rarely more than ~26 billable hours. Driving, quoting, supply runs, and paperwork are all unpaid — and they still have to be paid for.

Overhead

Insurance, your truck, fuel, tools, phone, and software are real money out the door every month. Your rate has to carry them before you earn a dime.

No profit

Your own pay is a cost, not profit. With no margin on top, one slow month or one broken tool wipes you out. Profit is the buffer that keeps the lights on.

Take a contractor who wants $60k a year and runs $20k of overhead. Divide $60k by 2,080 hours and you'd charge about $29/hr — and lose money on every job. Account for real billable hours, overhead, and a 10% profit margin, and the honest number is closer to $71/hr. That gap is the difference between a business and a hobby.

Typical hourly rates by trade

Wide, conservative ranges for fully-loaded solo rates in the US. Real rates swing hard with region, licensing, and demand — treat these as sanity-check bands, not pricing advice. The calculator above gives you a number built from your costs.

TradeHourly rate
Handyman / odd-jobs$60–$90
Painting$50–$85
Landscaping$50–$90
General contractor$70–$120
Carpentry / remodeling$70–$110
Plumbing$80–$150
Electrical$80–$150
HVAC$90–$160

Know your rate? Now quote it in seconds

JobEstimator turns rough notes (typed or spoken) into a branded, itemized PDF your customer can accept with one tap — with your rate and the math already baked in.

Frequently asked questions

How do I figure out what to charge per hour?

Start with three numbers: the pay you want to take home for the year, your annual business overhead (insurance, truck, fuel, tools, phone, software, marketing), and how many hours you can actually bill a customer for. Add pay and overhead, divide by billable hours, then add a profit margin on top. This calculator does all of that for you.

Why isn't it just my salary divided by 2,080 hours?

Because that math is how contractors go broke. A 40-hour week isn't 40 billable hours — driving, quoting, supply runs, invoicing, and admin are unpaid. Most solo trades bill only 60–70% of the hours they work. And your rate has to cover overhead and profit, not just your paycheck. Divide your salary by 2,080 and you'll undercharge by half.

What are billable hours and why do they matter so much?

Billable hours are the hours you can actually put on an invoice. If you work 40 hours but spend 14 of them driving, quoting, and doing paperwork, you only have 26 billable hours — and those 26 have to pay for all 40. Lowering your billable-hours percentage is the single biggest reason a 'reasonable-looking' rate still loses money.

Should I include profit on top of my own pay?

Yes. Your pay is a cost of the business, just like materials. Profit is what's left over after everyone — including you — is paid. It's the buffer that covers slow months, replaces a broken tool, and lets you grow. A healthy small trade business targets 10–20% profit on top of fully covering pay and overhead.

Does this calculator save my numbers?

No — it runs entirely in your browser and nothing leaves your device. When you're ready to turn your rate into a real, branded quote you can text or email to a customer, that's what JobEstimator is for — 14-day free trial, no credit card to start.

Next, sanity-check your job pricing with the markup vs. margin calculator, or see all the free contractor tools.

Charge what you're worth — then send the quote in seconds.

Speak or type the job. We turn rough notes into a branded, itemized quote your customer can accept with one tap.