Maryland — Level Index
How do Maryland contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 61+ Maryland contractors across HVAC, Electrical, Plumbing, and more.
Key Finding
Maryland contractors bill $15/hr above the national median
Maryland's proximity to the DC metro area and federal facility work push rates above the national median. Contractors with government clearance or prevailing wage experience command significant premiums.
For a 10-tech shop, that $15/hr difference means $300K per year in additional revenue compared to the national median.
Maryland Bill Rates
Median Bill Rate
$105/hr
75th Percentile
$130/hr
Top 10%
$156/hr
National Benchmarks
These metrics are reported nationally. Where your Maryland 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
Maryland Bill Rate
$105/hr
Top quartile: $130/hr
61 companies
Top Trades in Maryland
Where does your Maryland business fall?
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