Freelance Carpenter hourly rate: what to charge in 2026

A freelance Carpenter should charge about $35โ€“$50/hour (โ‰ˆ $320/day). That's built up from the salaried median of $60,584 โ€” not the naive $29/hour, because contractors cover their own taxes, benefits, and unpaid time.

Suggested rate range

$35
Conservative /hr
$40
Market /hr
$50
Premium /hr

Day rate โ‰ˆ $320. At the market rate with ~70% billable time, that's roughly $58,240/year gross. Raise rates for specialised work, rush timelines, or high-value clients.

Common questions

What should a freelance Carpenter charge per hour?

Aim for about $35โ€“$50/hour (mid $40). That starts from the salaried-employee equivalent of $29/hour and adds markup for self-employment tax (~15%), your own benefits, and unpaid/non-billable time.

Why is a contract rate higher than the salary hourly rate?

A $60,584 salary is ~$29/hour, but employees get employer-paid taxes, health insurance, 401k, and paid time off. As a freelance Carpenter you cover all of that yourself and only ~70% of your time is billable โ€” hence the markup.

What annual income does that rate produce?

At $40/hour with ~70% billable utilisation, a freelance Carpenter grosses roughly $58,240/year before business expenses โ€” comparable to the $60,584 salaried median once you account for benefits you now self-fund.

Rates derived from salaried medians + standard contractor markup; planning estimates, not tax or business advice.

Freelance Carpenter Hourly Rate (2026): What to Charge | Official Salary