New York — Level Index
How do New York contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 134+ New York contractors across HVAC, Plumbing, Electrical, and more.
Key Finding
New York contractors bill $30/hr above the national median
New York's bill rates are among the highest nationally, driven by NYC metro density and union prevalence. Upstate contractors bill 30-40% less than their NYC counterparts — the largest intra-state gap after California.
For a 10-tech shop, that $30/hr difference means $600K per year in additional revenue compared to the national median.
New York Bill Rates
Median Bill Rate
$120/hr
75th Percentile
$145/hr
Top 10%
$175/hr
National Benchmarks
These metrics are reported nationally. Where your New York 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
New York Bill Rate
$120/hr
Top quartile: $145/hr
134 companies
Top Trades in New York
Where does your New York business fall?
We'll pull your actual numbers and benchmark you against New York and national data. 15-minute call. Free.