Whether you're considering becoming a handyman or looking at the advantages to picking up more work in the field, chances are, you're wondering how much do handymen make. In this guide, we will address your questions.
The average handyman salary can depend on a number of factors, including whether they work on their own or for a larger company, their geographic area, or what type of work they do. Handyman salary may also depend on how many jobs the handyman is able to pick up and even how fierce competition is in the local area.
How much do handymen make an hour? It may depend on where they work. In some states, hourly salary for a handyman may be as low as $20 per hour. Across the nation, however, handymen make an average of between $40 and $100 per hour, with an average of around $60 per hour being the norm. Hourly rates may depend on:
As you consider how much do handymen get paid, make sure you take a careful look at what kind and what spectrum of services you can offer to your potential clients.
So how much does the average handyman make? well, the average handyman salary is between $40,000 and $50,000 per year. However, the average self-employed handyman makes $80,000 a year. These figures may be much higher or lower depending on the area as well as the experience of the business or the professional.
So how much money can you make as a handyman every year? well, a self-employed pro handyman can make as much as $110,000 or more per year. As you consider, how much money does a handyman make a year, make sure you consider the averages for your area, including how much work is available. Because when determining how much does the average handyman make a year, we take geographic area and those critical averages into consideration.
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When considering, "How much do handymen earn?" what most people are really interested in finding out is, "How much can I earn as a handyman?" You may need to ask yourself questions like, "How much does a handyman earn per hour?" early in your journey, ultimately, you may need to ask yourself, "How can I bring in more as a handyman?" There are several key strategies you can use to increase your overall earnings.
As a handyman, you may want to start by clearly defining your target audience. If you want to earn more money as a handyman, you may want to market yourself to more affluent areas of your city with clients that can pay well. Target those clients with your marketing efforts. Once you do make your way into those neighborhoods, focus on doing a great job for your new clients so that they'll help spread the word for you.
As a handyman, you may find yourself engaged in a wide variety of projects and taking on any number of services. Some clients may need to bring you in to repair a crack or hole in a wall, while others may bring you in to take care of more complicated projects that take several months and are more likely to generate greater income than short-term projects. Focus on marketing the projects that may play most to your particular skills--and the ones that are most likely to bring in the profits you really want and need.
To explode your annual income, you must be incredible at every aspect of your business. You must give incredible service from responsiveness to clients to the quality of your work to make sure that your clients tell more potential clients about your excellent, reliable and professional service. This will bring in more income over time as more people will acknowledge it and your reputation will skyrocket. You may also want to consider the benefits of increasing your certifications so that you can go on to get more work.
Get a General Building Contractor License to be able to take on larger jobs. Having the right licenses as well as sufficient handyman insurance coverage will make it much easier for you to find work and generate greater income. General liability insurance and commercial auto insurance may be a must to protect from unexpected financial expenses that may lower your margins. If you have a team working under you, workers' compensation insurance can prove critical. Those policies are usually bundled in to a BOP (Business Owner's Policy) on a discounted rate. Insurance may cost you money up front, but over time, it can help you significantly increase your income--and if you do end up needing that coverage, it can provide a high degree of protection that will allow you to keep your handyman business operational despite potential challenges.
As your handyman business grows, you may find that you're ready to hire other people to work alongside you. Working as a solo handyman may mean that you have less to juggle and less to worry about. However, as you start to bring in more jobs, you may need more than just you to cover them all! Consider working with other professionals who are willing to partner with you on your handyman journey. Hire reliable employees who have the skills and talent necessary to stand for your brand.
When you work as a handyman, it's all too common for people to call you to take care of everything that goes wrong around the house--and of course, they want you to give them the "friends and family discount." However, if you want to earn more as a handyman, it's important to avoid falling into that trap. Instead, make sure you're charging your friends and family a reasonable rate for your services--especially when taking care of their homes may take you away from other, more profitable work. Do not charge less than $85 per hour, and ideally, not less than $100 per hour.
Are you ready to start your own handyman business? Get handyman insurance quotes starting at just $11 for the insurance coverage you need.
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1 / 5
Use anyone except Employers. Period. They are non-transparent and shameful. After I complained long enough to warrant a call from a supervisor, the supervisor called back from a PRIVATE NUMBER (no caller ID), left a message that they are not reversing their decision (without any communication with me), and failed to leave a phone number for me to call back. She was hiding! They also fact find via email and phone calls, which is terrific for speed and communication. However, after setting a precedence of email or phone calls, they send time sensitive information via email, without any heads up... they are hoping you miss it and forfeit via expiration. Evil policies. Go elsewhere.
1 / 5
This place is an absolute joke of a company and should be ashamed of the way they conduct business. I was hurt on the job at the end of July and it took them just shy of 7 weeks to issue out a paycheck to me. Yes the amount was back dated but still. Not many have the luxury of not receiving a paycheck for almost 2 months. To top it all off, the original adjuster marked me down for the wrong state which caused a problem from the get go, I've had 3 different adjusters now since each one can't seem to figure out the simplicity of my claim. All my paperwork which includes, my job, house, and drs visits all are from the same state and city but yet some how I have been filed under a completely different state 1500 miles away. They do not answer your phone calls or emails no matter how many you leave. I've had to escalate my frustrations to the supervisors of each of these individuals in order to even get some kind of response. I've had more communication and information given to me about my claim from the customer service representatives then the actual adjusters.......... please tell me how that works?! A serious overhaul needs to happen here in order to serve your clients the way they deserve to be taken care of. 10/10 do not recommend this company to a single soul on earth
1 / 5
I have never had the displeasure of working with a more incompetent and disrespectful person in my life. I’m an injured worker and the adjuster that was assigned to my case was named Carrie Furgeson. In the past 6 weeks that I’ve been injured and out of work I have only been able to get ahold of her twice, not for lack of trying. I have left countless voicemails, countless emails, and she ignores them all. When I am finally able to get ahold of her I’m greeted with terrible customer service. She is rude, she talks over me and I’m hardly able to get a word in edgewise. She spelled my name wrong on my documents even after I spelled it for her properly countless times, this caused a whole new issue with my bank. I have bill collectors from the hospital calling me demanding payment and Carrie Furgeson won’t do a single thing to help, or to get them paid. All of my documentation is in Colorado, my job is in Colorado, my address is in Colorado, all my Dr offices and appointments have been in Colorado and Carrie still managed to hold my claim because she wasn’t sure what state she needed to file it under. It’s been 6 weeks since my Injury and my company still hasn’t received the wage paperwork to fill out so they can get me my correct wages. When she’s not ignoring me she’s answering my questions with “I don’t know” well I don’t know how she got this job, because apparently she doesn’t know anything about it. She is a disgusting morose individual inside and out and I genuinely wish her the worst in all of her future endeavors. I highly recommend you don’t use this company. Please if you are a business owner and your looking into this company please don’t use them. I’m sure they have the cheapest payment and that’s why companies use them in the first place, but you will be doing your employees a grave disservice by forcing them to venture into this absolute dumpster fire of a company. I would rate 0/5 if possible but 1 was the lowest I was allowed.
5 / 5
Their general liability insurance purchase process is simply the best online experience I've ever had in my life!
5 / 5
As long as they cover your line of business, you're literally covered! best rates, best coverage, best online experience, best professionals, can't be happier that I chose them!
Not all those who wander are lost.
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