How much do contractors make?

A lot of contractors make a living, without ever touching a tool, by subcontracting work to other trades. It’s not uncommon for a plumber to subcontract electrical work or painting to a handyman or auto repair shop. There are also thousands of people who are self-employed, working as independent contractors for one or more companies. Even though they’re self-employed, they’re responsible for providing their own equipment, insurance, licensing, and business expenses.

How much do contractors earn?

A residential remodeling contractor’s annual salary varies widely, with the average salary for a remodeling contractor being around $36,000. Some remodeling contractors specialize in kitchen or bathroom remodels and earn an average salary of $40,000 per year. Others are general remodelers who handle all types of projects and earn an average salary of $36,000.

How much do a carpenter make an hour?

The average hourly salary for a carpenter in the United States is $30.08 per hour. This figure includes all levels of experience, but the average salary drops to $24.06 an hour for carpenters who have 10 years of experience. This job is projected to grow 12% over the next eight years, which means there will be plenty of opportunity for carpenters looking to improve their earnings.

How much do carpenters make?

If construction is your major, you are in a great position because the earning potential is huge! The Bureau of Labor Statistics estimates that carpenters earned an average of $57,030 in 2018. That salary is $30,640 higher than the national average for all occupations, and carpenters working in the private industry earned $6,909 more per year than those working in government.

How much do carpenters make in Louisiana?

The average carpenter salary in Louisiana is $40,284 per year. This is lower than the national average of $48,020. Carpenters working on multi-family properties or commercial properties can expect to earn a higher salary, while those who work in construction with public works can expect to earn the least amount.