How Much Money Do Licensed Contractors Make

Liability Workers Compensation.

How much money do licensed contractors make. Unlicensed contractors you guessed it do. Contractor salary by trade shown as median. Some agents that work for the bigger apartment locating firms earn between 20k per year up to 80k per year being the top salesperson.

So what determines what kind of salary youll make as a general contractor. You can make as little or as much as you like. But with working as an independent contractor your income is only limited by your work ethic.

Carpenters earn an average of 2171 per hour or 45170 per year. If he works for a building equipment contractor he will make around 50000. Bureau of Labor Statistics the national mean wage estimates for tax preparers is 2264 per hour 47090 annually.

And dont ask how much money others are making. You have a cost advantage here as courses on the subject matter are likely to cost your client anything from 10000 to 30000 for a course with 8-10 places. How much you can take on depends on your state but what that means for you depends on your experience skills and resources.

Construction Laborers earn an average of 1608 per hour or 33450 per year. How much can you expect to earn as a general contractor. Those contractors who work directly for an employer ie without an agency as an intermediary pull down an average of 94011.

Electrical contractors earned a median income of 56180 per year in 2019 according to the BLS meaning half made more than this figure and half made less. Note that single family scattered home builders can earn an average of 10000 gross profit per house after all direct costs. They are required to have both to maintain their license.