The Average Hourly Rate for Handyman Services
Handyman services are still very much in demand. It is possible to construct a profitable business by hiring out your services as a handyman if you are a skilled jack-of-all-trades. What you will charge your customers could mean the difference between getting a lot of jobs and being passed up. However, you don't want to charge to little and not make enough to profit.
Location
Where your business is located is a big factor in how much you can charge for hourly rate for your handyman services. A lot of competition will drive the prices down; too high prices will scare off potential customers. If you are in an area where there are not many other businesses like yours, then you will be able to charge more. Also, different area of the country are accustomed to paying different amounts for services provided. For example, $50 per hour is common in the California area but in the Midwest those services may be $20 per hour.
Hourly Versus Per Job
Some jobs will be billed at a per-job rate rather than an hourly rate. Jobs such as painting require a lot of stop and start work and are usually charged a lump sum. This charge can be calculated into your average hourly rate for purposes of financial records. Just divide how much is being charged by how many hours you estimate it will take.
Experience and Skill
The more skills you posess and the longer you have been in business, the more you are able to charge. People are far more likely to pay a higher premium for someone they know will get the job done correctly the first time. To back up your higher hourly rate, have references ready of previous jobs done on time and correctly.
Average Hourly Rate
As mentioned above, the average hourly rate charged by a handyman depends on a number of factors. However, the consensus is that a skilled handyman can charge between $30 to $50 per hour. Experienced and reputable handymen can charge the most. Keep these considerations in mind when determining what you will charge for your handyman business.