North Carolina — Level Index
How do North Carolina contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 86+ North Carolina contractors across HVAC, Electrical, Plumbing, and more.
Key Finding
North Carolina contractors bill $5/hr above the national median
North Carolina's rapid population growth, especially in the Triangle and Charlotte metro areas, is pushing rates up faster than most Southeast states. Contractors who haven't re-benchmarked rates in 2+ years are likely undercharging.
For a 10-tech shop, that $5/hr difference means $100K per year in additional revenue compared to the national median.
North Carolina Bill Rates
Median Bill Rate
$84/hr
75th Percentile
$106/hr
Top 10%
$130/hr
National Benchmarks
These metrics are reported nationally. Where your North Carolina 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
North Carolina Bill Rate
$84/hr
Top quartile: $106/hr
86 companies
Top Trades in North Carolina
Where does your North Carolina business fall?
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