Do Handymen Make Good Money?

by | Last updated on January 24, 2024

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Starting a handyman business may seem like a difficult job. Although there is freedom to the work, it doesn’t seem

very lucrative

. After all, the average handyman (maintenance and repair worker) only makes about $36,000 a year according to the Bureau of Labor Statistics.

How much should I pay a handyman?

Why considering your handyman’s location is a must

On the other hand, the most expensive handyman services can be found in New South Wales at

$55.93/hr

. Meanwhile, a typical handyman job in Western Australia costs around $53.64/hr.

Why are handymen so expensive?

Factors that might affect an hourly rate are geographic location and skill level of the handyman. In regions with a high cost of living, a handyman must charge more per hour than in an area with a lower cost of living.

Insurance, vehicle upkeep and other business overhead considerations

all factor into this rate.

Is a handyman cheaper than a contractor?

Handymen usually charge by the day or hour. They’

re often cheaper than a contractor

because most small projects don’t require multiple workers, and usually don’t have much overhead cost. … In California, a handyman can perform up to $500 of work, including parts and labor.

What does a handyman cost per hour?

State Average Cost per hour New South Wales

$55 to $60
Western Australia $53 to $55 Australian Capital Territory & Queensland $51 to $53 South Australia $48 to $51

What does the average handyman make per hour?

In Victoria, handymen charge on average $48.11 per hour. This is only marginally lower than South Australia’s $48.81 per hour. By contrast, the most expensive handyman services can be found at

$55.93 per hour

in New South Wales.

Is it worth being a handyman?

Along with getting to use your jack-of-all-trades, fix-it passion to help others, you may experience these benefits of starting a handyman business: … It’s an excellent business to start on a part-time basis. You have

the potential for high profits

. Your overhead expenses are generally low.

What kind of work can a handyman do?

They can

repair fly screens or patch a hole in the wall

. Handymen are also called for general home maintenance. Pruning, cleaning, tidying and sorting are jobs most people would rather pay someone else to do. A handyman may be called to cut back a hedge, clean the gutters and sort out the mess hiding under the house.

How can a handyman make extra money?

  1. Work for Yourself. The average handyman’s salary includes the wages of people who might work for the government, large construction companies, college campuses or apartment management companies. …
  2. Charge a High Rate for Professional Service. …
  3. Find the Right Clients. …
  4. Hire a Crew.

Can a handyman replace a toilet?


Minor plumbing

If you are in desperate need of stopping a constantly flushing toilet or leaks, a handyman can take care of this for you. If the plumbing issue is more complex than a leak or you need a toilet repaired, that’s when it’s time to call in the professional plumber.

Can a handyman replace a light fixture?

Projects A Motivated DIY’er Or Handyman Could Possibly Handle. Replacing a light fixture or ceiling fan with similar item. Replacing a switch or outlet, possibly dimmer switch.

Is a handyman an independent contractor?

If, for example, you are a handyman and a family hires you to perform a specific repair on a home, you are not considered the family’s employee, but rather an independent contractor. … The family is not your employer, and you only perform the work for which you are contracted.

How much should I charge per hour?

If you’re scared about charging too much at first, even simple pricing strategies can work: charging $1 is better than giving it away for free. Some examples of the price point you can start with: If you’re a graphic designer, start your rate at $25-50/hr. If you’re

business consultant, start at $50-80/hr

.

What should I look for when hiring a handyman?

  • What type of work can you do? …
  • Do you have local references? …
  • Are you licensed, bonded, and insured? …
  • How much will this cost for both labor and materials? …
  • How do you price your work? …
  • When will the work be done? …
  • Do you have a written contract? …
  • Do you provide a guarantee?

How much should home maintenance cost?

Generally speaking, you should expect to spend

between 1% and 4% of your home’s value each year for maintenance

. This means that if the cost of your home is $200,000, you should probably save anywhere between $2,000 to $8,000 to spend on annual upkeep.

Does a handyman paint?

“Handyman” is a catch-all term, so it’s pretty natural to wonder what a handyman can do. Here’s a comprehensive list of handyman services. A handyman can do drywall repair such as installation, spackling, patching holes, smoothing out chipped or dented edges, along with interior painting and wall hanging services.

Rachel Ostrander
Author
Rachel Ostrander
Rachel is a career coach and HR consultant with over 5 years of experience working with job seekers and employers. She holds a degree in human resources management and has worked with leading companies such as Google and Amazon. Rachel is passionate about helping people find fulfilling careers and providing practical advice for navigating the job market.