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Level
MD61+ contractors analyzed

Maryland — Level Index

How do Maryland contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 61+ Maryland contractors across HVAC, Electrical, Plumbing, and more.

Maryland contractors bill $26/hr above the national median

Maryland's proximity to the DC metro area and federal facility work push rates above the national median. Contractors with government clearance or prevailing wage experience command significant premiums.

Maryland Bill Rates

Median Bill Rate

$105/hr

National median: $79/hr+$26/hr

75th Percentile

$130/hr

National median: $116/hr+$14/hr

Top 10%

$156/hr

National median: $147/hr+$9/hr

National Benchmarks

These metrics are reported nationally. Where your Maryland 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

Maryland Bill Rate

$105/hr

Top quartile: $130/hr

61 companies

Top Trades in Maryland

HVACElectricalPlumbing

Where does your Maryland business fall?

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