New Hampshire — Level Index
How do New Hampshire contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 34+ New Hampshire contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
New Hampshire contractors bill $23/hr above the national median
New Hampshire's tight labor market and New England cost structure push rates above the national median. No state income tax attracts contractors from neighboring Massachusetts, but demand still outpaces supply.
For a 10-tech shop, that $23/hr difference means $460K per year in additional revenue compared to the national median.
New Hampshire Bill Rates
Median Bill Rate
$102/hr
75th Percentile
$126/hr
Top 10%
$150/hr
National Benchmarks
These metrics are reported nationally. Where your New Hampshire 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
New Hampshire Bill Rate
$102/hr
Top quartile: $126/hr
34+ New Hampshire contractors estimated in market
Top Trades in New Hampshire
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