Virginia — Level Index
How do Virginia contractors compare to the national average? Bill rates, collection rates, margins, and utilization data from 74+ Virginia contractors across HVAC, Electrical, Plumbing, and more.
Key Finding
Virginia contractors bill $8/hr above the national median
Northern Virginia's federal and commercial density creates premium rate environments. NOVA contractors bill 30-40% above the state median, with government facility work pushing top performers past $148/hr.
For a 10-tech shop, that $8/hr difference means $160K per year in additional revenue compared to the national median.
Virginia Bill Rates
Median Bill Rate
$98/hr
75th Percentile
$122/hr
Top 10%
$148/hr
National Benchmarks
These metrics are reported nationally. Where your Virginia 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
Virginia Bill Rate
$98/hr
Top quartile: $122/hr
74 companies
Top Trades in Virginia
Where does your Virginia business fall?
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