Indiana — Level Index
How do Indiana contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 54+ Indiana contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
Indiana contractors bill $8/hr below the national median
Indiana contractors bill below the national median but top performers still reach $128/hr. The gap between median and top 10% is $46/hr — suggesting significant pricing upside for shops willing to benchmark and adjust.
For a 10-tech shop, that $8/hr difference means $160K per year in lost revenue compared to the national median.
Indiana Bill Rates
Median Bill Rate
$82/hr
75th Percentile
$104/hr
Top 10%
$128/hr
National Benchmarks
These metrics are reported nationally. Where your Indiana 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
Indiana Bill Rate
$82/hr
Top quartile: $104/hr
54 companies
Top Trades in Indiana
Where does your Indiana business fall?
We'll pull your actual numbers and benchmark you against Indiana and national data. 15-minute call. Free.