Many people are interested in becoming plumbers. However, they’re not sure how much this type of trade pays. It’s important to understand what a plumber’s salary is so that you can decide if this is the career you want to pursue.
The average hourly wage for a plumbing contractor is $50 – 150, depending on the job. Generally, plumbers with more experience earn higher wages. Apprentice plumbers typically make $20 – $40 per hour, while journeymen earn $45 – 90 and master plumbers can take home $70-$130 an hour. In addition to a base salary, plumbers also receive various overtime and profit amounts, depending on the job.
Using a calculator like this will help you determine what your actual hourly rate is. This includes your overhead, such as your rent or lease, team member wages, payroll taxes, and Workers’ Compensation insurance. You’ll also need to include a reasonable amount for any extraordinary expenses, such as repairs to your work truck or unexpected fuel costs. After calculating all of your expenses, you’ll want to add on a percentage for profit. The MCAA recommends adding on about 35% for a profit margin.
Another factor to consider is the time it takes to complete a job. This will vary based on the complexity of the job and the plumber’s level of experience. For example, a basic kitchen faucet repair will take less time than a major sewer line installation. As a result, you’ll need to weigh your options carefully when choosing your hourly or flat fee rate.
How Much Does Plumbing Pay?
Most plumbers have at least some vehicle expenses, whether it’s their personal car or a truck used for business. These expenses can be quite costly. For instance, you’ll need to pay Department of Transportation fees, services, and petrol. If you’re travelling to a job, it’s also worth considering the cost of any delays caused by heavy traffic.
There are some states where the median plumbing salary is below the national average, while others have a higher median salary. This can be due to a number of factors, such as the economy and the availability of skilled labor. In general, the most highly paid plumbers are those who work for large companies, which offer benefits and opportunities to advance.
Regardless of how you choose to price your plumbing work, it’s essential to provide accurate and clear estimates for your customers. This will encourage them to shop around and find the best deal. It will also ensure that you’re not undervaluing your work. Ideally, you’ll be able to charge enough that you cover your operating expenses, pay your weekly wage, and still have a reasonable profit margin. This will keep you competitive and help you build a solid client base.
Constant Learning Opportunities: Plumbing is a dynamic field that requires continuous learning and skill development. Plumbing technology, techniques, and regulations are constantly evolving. This presents opportunities for ongoing training and education to stay updated with the latest advancements in the industry. Plumbers who embrace lifelong learning can expand their expertise and remain competitive in the field.