What Is the Hourly Rate for Contractors?

What Is the Hourly Rate for Contractors?

The hourly rate for contractors varies according to what skill set or specialty the contractor has. As of January 2015, general construction laborers earn between $9.46 and $28.32 per hour, according to the Bureau of Labor Statistics. Construction managers have a median hourly wage of $38.98.

Carpenters have a median hourly wage of $20.35 and skilled brick masons have a median hourly wage of $18.78 to $26.31. Cement masons and concrete finishers earn approximately $17.27 per hour and drywall installers earn about $18.59. Residential building construction contractors have a mean hourly wage of $15.55, according to the Bureau of Labor Statistics.