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Carpenter Hourly Rate Calculator

Calculate the hourly rate your carpentry or remodeling business needs — with finish-carpenter defaults and U.S. market benchmarks.

Your market

Adjusts your rate and market benchmarks for local cost of labor.

What the business must produce
$/yr
$/yr

Rent, insurance, admin, vehicles, software, marketing.

Field labor
hrs
$/hr
35%
68%

Share of paid hours actually invoiced. Drive, shop, and callbacks come out of this.

$/yr

Gross profit from parts markup that labor does not have to carry.

Service call pricing
$

Covers the first 60 minutes. National range: $65–$125.

min

Required carpenter rate in Chicago

$126.24per billable hour

National market for carpenters: $57–$103/hr in Chicago.
Billable hours per year4,160 paid hours at 68% utilization
2,829 hrs
Break-even rateBefore owner income
$98.03/hr
Trip charge
$80
Total for 90-min job
$143

Your required rate exceeds the typical market ceiling

At $126.24/hr you are above the $103 ceiling most carpenters charge in Chicago. The arithmetic has to change: lift utilization, cut overhead, or move into premium work (commercial, emergency, specialized). Finish and remodeling carpenter rates, U.S. national. Rough framing crews often bid by the job, not hourly.
Common carpenter jobs in Chicago
JobYour priceMarket range
Interior door installation$658$275–$550
Crown molding (per room)$1,285$550–$1,319
Deck repair (localized)$1,841$659–$1,649
Custom built-in shelving$2,530$1,649–$3,847

You pay for every hour, not just the billable ones

At 68% utilization, 1,331 paid hours a year — $50,319 of burdened wage — never appear on an invoice. Route density and dispatching move this lever without raising your rate.

What this assumes

  • Benchmarks reflect finish and remodeling carpenters; rough framing crews typically bid by the job.
  • Material markup on lumber and hardware runs 15 to 25% for carpentry contractors.
  • Utilization is higher than service trades because carpenters work longer blocks on site.

Understanding the result

Finish carpentry bills higher than framing

A framing carpenter earns $22 to $28/hour; a finish carpenter or remodeler bills $50 to $90/hour because the work requires precision, client interaction, and often design input. The hourly rate reflects skill level, not just union vs. non-union.

Remodeling is project-priced, not hourly

Customers want a price for the kitchen remodel, not an hourly rate. But you estimate the project from an hourly cost build-up. If your internal rate is wrong, every fixed-price bid loses money. Get the hourly rate right first; then build project quotes from it.

Material waste is a hidden cost

Carpentry generates 10 to 15% material waste on trim and framing jobs. Shops that estimate material at exact takeoff without a waste factor lose 2 to 3 points of margin on every job. Build waste into the material line, not the labor rate.

Common questions

How much do carpenters charge per hour?
Finish and remodeling carpenters charge $50 to $90 per hour nationally. Rough framing crews typically bid by the square foot ($4 to $8/sq ft) rather than hourly. Union carpenters in major metros bill $65 to $110/hour.
What is the difference between a framer and a finish carpenter rate?
Framing carpenters earn $20 to $28/hour and work on production schedules. Finish carpenters earn $25 to $35/hour in wages but bill $55 to $90/hour because their work requires precision, client-facing skills, and often custom fabrication.
How much does a carpenter charge to build a deck?
A pressure-treated wood deck costs $30 to $50 per square foot installed ($6,000 to $10,000 for a 200 sq ft deck). Composite decking runs $45 to $65/sq ft. Permits, footings, and railing style significantly affect price.
How much does crown molding installation cost?
Crown molding installation runs $5 to $12 per linear foot installed, or $500 to $1,200 per room. Complex profiles, high ceilings, and intricate corners add labor. Painting the molding adds $2 to $4 per linear foot.
Should carpenters charge hourly or by the project?
Use hourly internally to build estimates, but quote projects at a fixed price. Customers want certainty; you want margin protection. Track actual hours on every job to refine your per-unit pricing over time.
How much should a carpentry business charge to be profitable?
A two-carpenter remodeling shop with $28/hour burdened labor, 68% utilization, and $8,000/month overhead needs $75 to $95/hour to hit 15 to 18% net margin. Finish work above $85/hour; basic repairs below $65/hour struggle.
How much does a carpenter charge to install a door?
Interior door installation (pre-hung) runs $250 to $500 per door including hardware. Exterior door installation runs $400 to $800. Custom doors, sidelights, and structural modifications add $200 to $500 per opening.
Do carpenters charge for estimates?
Small jobs may get a phone estimate. Projects over $2,000 typically require an on-site visit. Some remodelers charge $100 to $250 for detailed estimates on large projects, credited toward the job if hired.
How much do carpenters mark up materials?
Carpentry material markup runs 15 to 25% on lumber, hardware, and fixtures. Custom millwork and specialty items may carry 25 to 35%. Markup covers procurement, delivery, waste, and return trips for missing materials.
What is the average carpenter trip charge?
Remodeling carpenters charge $65 to $125 for a site visit or minimum service call. Handyman carpenters may charge less but carry less insurance and licensing. The trip charge covers travel to jobs that may last only 1 to 2 hours.