Calculator · Free
Carpenter Hourly Rate Calculator
Calculate the hourly rate your carpentry or remodeling business needs — with finish-carpenter defaults and U.S. market benchmarks.
Required carpenter rate in Chicago
$126.24per billable hour
- 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
| Job | Your price | Market 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
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?
What is the difference between a framer and a finish carpenter rate?
How much does a carpenter charge to build a deck?
How much does crown molding installation cost?
Should carpenters charge hourly or by the project?
How much should a carpentry business charge to be profitable?
How much does a carpenter charge to install a door?
Do carpenters charge for estimates?
How much do carpenters mark up materials?
What is the average carpenter trip charge?
You may also need
The next decision usually follows directly from this one.
- CalculatorShop Rate CalculatorDetermine the hourly rate you must charge to cover overhead and hit your income target.
- CalculatorJob Pricing CalculatorBuild a defensible price from labor, materials, overhead and your target profit margin.
- CalculatorFraming Material CalculatorCount studs, plates, headers and sheathing for a wall from length, height and spacing.
- CalculatorDeck Material CalculatorEstimate joists, beams, decking, fasteners and footings for a deck frame.
- CalculatorGeneral Contractor Pricing CalculatorCalculate GC management fees, markup on subcontractor costs, and total project pricing — with contractor-specific defaults and U.S. benchmarks.