Colorado — Level Index
How do Colorado contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 72+ Colorado contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
Colorado contractors bill $23/hr above the national median
Colorado's building boom and altitude-specific HVAC requirements create premium pricing opportunities. Front Range contractors consistently bill $10-15/hr above the national median.
For a 10-tech shop, that $23/hr difference means $460K per year in additional revenue compared to the national median.
Colorado Bill Rates
Median Bill Rate
$102/hr
75th Percentile
$126/hr
Top 10%
$151/hr
National Benchmarks
These metrics are reported nationally. Where your Colorado business falls depends on your specific operations. See the full national breakdown.
Collection Rate
80.8%
Top quartile: 92.7%
587 companies
SA Gross Margin
37.9%
Top quartile: 53%
259 companies
Billing Speed
1 day
Top quartile: -4 days (progress billing)
733 companies
Billable Hour Ratio
97.1%
Top quartile: 99.6%
963 companies
Quote Conversion
73.9%
Top quartile: 83.2%
794 companies
Colorado Bill Rate
$102/hr
Top quartile: $126/hr
72 companies
Top Trades in Colorado
Where does your Colorado business fall?
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