How Much Money Do Licensed Contractors Make

Reflecting on the novelty of this career path The Bureau of Labor Statistics provides no data signaling that they have yet to begin tracking the industry.

How much money do licensed contractors make. 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. Contractor salary by trade shown as median. This usually leaves one to two percent.

All licensed contractors will carry two types of insurance. As you can see how much work you can do before its time to get a contractor license is only part of the decision. Ive seen some people make 10k a year and some people make 50k Ive seen some people make a couple hundred thousand and Ive seen someone make a million dollars a year for years so Ive seen the whole range.

Some agents that work for the bigger apartment locating firms earn between 20k per year up to 80k per year being the top salesperson. Note that single family scattered home builders can earn an average of 10000 gross profit per house after all direct costs. Those contractors who work directly for an employer ie without an agency as an intermediary pull down an average of 94011.

Chris JJune 25 2016 In California any job 500 and over that includes material and labor requires a state contractors license. According to the Occupational Employment and Wage report for May 2017 released on March 30 2018 issued by the US. There is no such thing.

If he works for a building equipment contractor he will make around 50000. Liability Workers Compensation. However the median is the middle 50 percent which means you could earn much more or much less than that.

If you are doing 2-3 separate jobs at different times and the total is under 500 for each no UNLESS these jobs were discussed at the same time. The median electrician salary per. Bureau of Labor Statistics the national mean wage estimates for tax preparers is 2264 per hour 47090 annually.