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Level
AR38+ contractors analyzed

Arkansas — Level Index

How do Arkansas contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 38+ Arkansas contractors across HVAC, Plumbing, Electrical, and more.

Arkansas contractors bill $4/hr below the national median

Arkansas has some of the lowest contractor bill rates nationally, but rapid growth in Northwest Arkansas around Bentonville and Fayetteville is pushing metro rates 20%+ above the state median.

Arkansas Bill Rates

Median Bill Rate

$75/hr

National median: $79/hr-$4/hr

75th Percentile

$96/hr

National median: $116/hr-$20/hr

Top 10%

$118/hr

National median: $147/hr-$29/hr

National Benchmarks

These metrics are reported nationally. Where your Arkansas business falls depends on your specific operations. See the full national breakdown.

Collection Rate

80.8%

Top quartile: 92.7%

n=587 companies

SA Gross Margin

37.9%

Top quartile: 53%

n=259 companies

Billing Speed

1 day

Raw median (incl. progress billers); ~7 days for post-completion invoicers

n=733 companies

Billable Hour Ratio

97.1%

Top quartile: 99.6%

n=963 companies

Quote Conversion

73.9%

Top quartile: 83.2%

n=794 companies

Arkansas Bill Rate

$75/hr

Top quartile: $96/hr

38+ Arkansas contractors estimated in market

Top Trades in Arkansas

HVACPlumbingElectrical

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