Illinois — Level Index
How do Illinois contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 112+ Illinois contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
Illinois contractors bill $38/hr above the national median
Illinois leads the nation in contractor bill rates at $128/hr median. Chicago's union environment, prevailing wage requirements, and commercial density drive rates well above even coastal markets.
For a 10-tech shop, that $38/hr difference means $760K per year in additional revenue compared to the national median.
Illinois Bill Rates
Median Bill Rate
$128/hr
75th Percentile
$148/hr
Top 10%
$172/hr
National Benchmarks
These metrics are reported nationally. Where your Illinois 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
Illinois Bill Rate
$128/hr
Top quartile: $148/hr
112 companies
Top Trades in Illinois
Where does your Illinois business fall?
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