Labor Rates + Markup Calculator

Calculate contractor pricing with Texas labor rates, overhead, profit margins, and contingency.

Texas Location

Labor Type

Labor Rate Override

$/hour

Current: $38.50/hr

Material Cost

Labor Hours

hours

Quick Estimates

Overhead

Profit Margin

Contingency

$1,219.58

Total Selling Price

143.9% total markup

Materials$500

Labor (8h × $38.50)$308.00

Subtotal$808.00

Overhead (25%)$202.00

Profit (15%)$151.50

Contingency (5%)$58.075

Labor Rate Comparison

Austin Metro: $38.50/hr

vs. Texas avg: $34.10/hr

Pricing Position

Premium pricing

Hourly Rate

Effective rate: $152.45/hour

Including all markup and materials

💡 Tip: Overhead should cover insurance, tools, truck, office, etc. Profit is your net income after all expenses.