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 $41/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 $41/hr difference means $820K 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
80.8%
Top quartile: 92.7%
n=587 companies
SA Gross Margin
37.9%
Top quartile: 53%
n=259 companies
Billing Speed
1 day
Raw median (incl. progress billers); ~7 days for post-completion invoicers
n=733 companies
Billable Hour Ratio
97.1%
Top quartile: 99.6%
n=963 companies
Quote Conversion
73.9%
Top quartile: 83.2%
n=794 companies
New York Bill Rate
$120/hr
Top quartile: $145/hr
134+ New York contractors estimated in market
Top Trades in New York
Simple pricing
Three tiers, one ladder.
$99/mo
Books
Clean monthly books, tax-ready year-end. Same flat rate for catch-up.
$1,500+/mo
Fractional CFO
Cash forecasting, profitability analysis, monthly strategy calls.
$3,000+/mo
CFO + Operations
Dedicated CFO, AI-native workflows, dashboards, and integrations.
Where does your New York business fall?
We'll benchmark you against New York and national data. Free audit included.
No commitment. Real numbers, not generic advice.