How Much Does A Licensed Contractor Make

However consider how an unlicensed contractor is able to offer that lower rate.

How much does a licensed contractor make. Small Claims Court will generally run you a filing fee of 20-150 but will save you attorney fees. Carpenters earn an average of 2171 per hour or 45170 per year. Contractors will either offer a free estimate or charge 50 to 1000 depending on the project.

A painting contractor who works on a project that costs more than 500 has to be licensed by the state. The company prides itself on meeting every licensing requirement which they estimate tacks an extra 30000 a year onto their operating costs. In Kentucky the diligence pays off they say.

However in order to qualify for the license you will be required to. As you gain more experience you can expect to earn more as a GC. However if the project ends up costing 20000 their 1000 fee yields only a 5 profit.

If you pay for your estimate many general contractors will put that fee toward your project if you hire them. Really its the one thing that unlicensed contractors have going for them they are typically much cheaper than the licensed competition. The application fee for a general contractor license is 350 annually.

Salary information comes from 396 data points collected directly from employees users and past and present job. Check out the ins and outs of general contractor salary in US and see how much you can earn. Reputable sources put average general contracting salaries in the 70000 to 95000 range once youre established.

Whether or not you recover funds from a contractor youre obligated as. How much can you expect to earn as a general contractor. Youll be able to represent yourself and can claim losses up to 5000 to 10000 depending on your state.