New York — Level Index
How do New York contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 134+ New York contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
New York contractors bill $41/hr above the national median
New York's bill rates are among the highest nationally, driven by NYC metro density and union prevalence. Upstate contractors bill 30-40% less than their NYC counterparts — the largest intra-state gap after California.
For a 10-tech shop, that $41/hr difference means $820K per year in additional revenue compared to the national median.
New York Bill Rates
Median Bill Rate
$120/hr
75th Percentile
$145/hr
Top 10%
$175/hr
National Benchmarks
These metrics are reported nationally. Where your New York 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
New York Bill Rate
$120/hr
Top quartile: $145/hr
134 companies
Top Trades in New York
Where does your New York business fall?
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