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 $12/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 $12/hr difference means $240K 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
85.1%
Top quartile: 92.7%
464 companies
SA Gross Margin
43.8%
Top quartile: 68.8%
103 companies
Billing Speed
1 day
Top quartile: -4 days (progress billing)
555 companies
Billable Hour Ratio
96.7%
Top quartile: 99.6%
654 companies
Quote Conversion
73%
Top quartile: 81.3%
409 companies
Colorado Bill Rate
$102/hr
Top quartile: $126/hr
72 companies
Top Trades in Colorado
Where does your Colorado business fall?
We'll pull your actual numbers and benchmark you against Colorado and national data. 15-minute call. Free.