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What should a handyman charge in Madison, IL?

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$77–$104/hour
Planning estimate for Madison

Planning estimate for a one-person handyman business in Madison, IL: $77 to $104 an hour. It's a starting point built from public wage and price data with our calculator's formula. It is not the market rate, and it is not what any one handyman charges.

The math

Your rate is what the year costs you, divided by the hours you actually bill. Here it is with Madison's numbers:

StepLow endHigh end
Your pay (employee wage for this work in St. Louis, MO-IL)$53,930
median
$65,490
top quarter starts here
Overhead ($33,148 national, adjusted to local prices at 95.1)$31,520$31,520
Profit 15% + PTO 10% + warranty 3% + business taxes 12%+40%+40%
Yearly total to cover$119,630$135,814
Billed hours a year (hours on the job × 52)30 × 52 = 1,56025 × 52 = 1,300
Hourly rate$77$104

The low end pays you the median wage and bills 30 hours a week. The high end pays you where the top quarter of wages starts and bills 25, because every hour on the job takes about another hour running the business.

Who you'd be working for in Madison

Make it your number

Your insurance, truck, hours and pay target are what count. Run the free hourly rate calculator with your real costs, then build your prices in the Rate Book. How to price handyman jobs walks through the method.

Where these numbers come from

Nearby places