Kentucky — Level Index
How do Kentucky contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 48+ Kentucky contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
Kentucky contractors bill $12/hr below the national median
Kentucky's affordable cost of living keeps median rates below national averages. Louisville and Lexington metro contractors charge 20%+ above the state median, with bourbon distillery and horse farm facility work offering niche premiums.
For a 10-tech shop, that $12/hr difference means $240K per year in lost revenue compared to the national median.
Kentucky Bill Rates
Median Bill Rate
$78/hr
75th Percentile
$100/hr
Top 10%
$124/hr
National Benchmarks
These metrics are reported nationally. Where your Kentucky 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
Kentucky Bill Rate
$78/hr
Top quartile: $100/hr
48 companies
Top Trades in Kentucky
Where does your Kentucky business fall?
We'll pull your actual numbers and benchmark you against Kentucky and national data. 15-minute call. Free.