How much does a Independent Contractor make?
Independent contractors often enjoy the flexibility of setting their own schedules and choosing their projects. This freedom comes with a range of earnings. The average yearly salary for independent contractors is around $109,730. This figure can vary widely based on the industry and the contractor's experience.
Here are some common salary ranges for independent contractors:
- 37.27% earn between $30,000 and $50,436.
- 11.85% earn between $50,436 and $70,873.
- 6.87% earn between $70,873 and $91,309.
- 1.86% earn between $91,309 and $111,745.
- 4.45% earn between $111,745 and $132,182.
- 1.17% earn between $132,182 and $152,618.
- 5.23% earn between $152,618 and $173,055.
- 2.35% earn between $173,055 and $193,491.
- 2.07% earn between $193,491 and $213,927.
- 9.62% earn between $213,927 and $234,364.
- 12.28% earn between $234,364 and $254,800.
What are the highest paying cities for a Independent Contractor?
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Bakersfield, CA
Average Salary: $221,591
In Bakersfield, contractors often find work in the tech and agriculture sectors. Companies like Chevron and various agricultural firms offer opportunities. The city's growing economy provides a dynamic environment for independent work.
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New Orleans, LA
Average Salary: $206,958
New Orleans offers a vibrant atmosphere for contractors, especially in the tourism and hospitality industries. With events like Mardi Gras, there's always demand for skilled freelancers. Companies like Entergy and Ochsner Health look for independent talent.
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San Francisco, CA
Average Salary: $191,792
San Francisco is a hub for tech and finance, making it ideal for contractors. Companies like Google and Salesforce often seek independent professionals. The city's innovative spirit provides a stimulating environment for creative work.
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New Haven, CT
Average Salary: $191,071
New Haven offers a mix of academic and healthcare opportunities. Yale University and various healthcare providers need independent contractors. The city's rich history and vibrant culture create a unique backdrop for professional work.
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Worcester, MA
Average Salary: $186,560
Worcester is known for its strong educational and healthcare sectors. Companies like UMass Memorial Health and various educational institutions often hire contractors. The city's community-focused environment supports independent work.
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Omaha, NE
Average Salary: $180,228
Omaha provides a stable environment for contractors, with opportunities in finance and healthcare. Berkshire Hathaway and various financial firms look for independent talent. The city's strong economy offers a solid foundation for professional work.
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Rockford, IL
Average Salary: $179,977
Rockford offers a mix of manufacturing and healthcare opportunities. Companies like Andersen Corporation and various healthcare providers need independent contractors. The city's supportive community makes it a great place for professional work.
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Fayetteville, AR
Average Salary: $179,497
Fayetteville is known for its military and educational sectors. Companies like Walmart and the University of Arkansas often hire contractors. The city's strong community ties provide a welcoming environment for independent work.
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Fresno, CA
Average Salary: $175,952
Fresno offers a diverse range of opportunities, especially in agriculture and healthcare. Companies like Fresno Bee and various healthcare providers need independent contractors. The city's growing economy provides a dynamic environment for professional work.
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Boulder, CO
Average Salary: $174,000
Boulder offers a mix of tech and outdoor recreation opportunities. Companies like Google and various outdoor gear firms often hire contractors. The city's vibrant environment supports a healthy work-life balance for independent professionals.
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What are the best companies a Independent Contractor can work for?
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Veterans Evaluation Services
Average Salary: $303,555
Veterans Evaluation Services offers Independent Contractor jobs with a focus on providing evaluations for veterans. They operate nationwide, ensuring flexibility and a wide range of opportunities for contractors.
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Market Express LLC
Average Salary: $286,000
Market Express LLC provides Independent Contractor jobs in the marketing and sales field. They have locations across the country, offering contractors the chance to work in various markets.
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The MedServ Group
Average Salary: $262,563
The MedServ Group specializes in medical services and offers Independent Contractor jobs for healthcare professionals. They operate in multiple states, providing diverse opportunities for contractors.
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Diakon Logistics
Average Salary: $250,000
Diakon Logistics provides Independent Contractor jobs in logistics and transportation. They have locations across the U.S., offering contractors the chance to work in various regions.
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Transpro Burgener
Average Salary: $250,000
Transpro Burgener offers Independent Contractor jobs in transportation and logistics. They operate in several states, providing contractors with a variety of locations to choose from.
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Maersk
Average Salary: $219,972
Maersk provides Independent Contractor jobs in logistics and shipping. They have locations worldwide, offering contractors the chance to work in different countries.
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TransAm Trucking
Average Salary: $219,588
TransAm Trucking offers Independent Contractor jobs in the trucking industry. They operate across the U.S., providing contractors with many opportunities in various locations.
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Ryder System
Average Salary: $214,977
Ryder System provides Independent Contractor jobs in logistics and transportation. They have locations nationwide, offering contractors the chance to work in different regions.
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Med-Scribe, Inc.
Average Salary: $200,000
Med-Scribe, Inc. offers Independent Contractor jobs in medical transcription. They operate in multiple states, providing contractors with diverse opportunities.
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Bungii
Average Salary: $156,522
Bungii provides Independent Contractor jobs in the tech industry. They have locations across the U.S., offering contractors the chance to work in various regions.
How to earn more as a Independent Contractor?
Independent contractors have the opportunity to earn more by taking certain steps. They can increase their income by focusing on specific areas. These areas include improving skills, expanding the client base, and negotiating better rates. Each of these steps can lead to higher earnings.
First, contractors should invest in their skills. Learning new skills can open up more job opportunities. This can lead to higher-paying projects. Networking with other professionals can also help. Building a strong reputation can attract more clients. Contractors should also seek out training and certifications. These can make them more competitive in the market. By doing so, they can command higher rates.
Second, contractors should focus on expanding their client base. This can lead to more job opportunities. Contractors can market themselves through social media and professional networks. They should also attend industry events. Building relationships with potential clients can lead to more work. Contractors should also ask for referrals. Satisfied clients can refer them to others. This can help contractors grow their business.
- Invest in skills and training.
- Expand the client base through networking and referrals.
- Negotiate better rates by showcasing skills and experience.
- Market through social media and professional networks.
- Attend industry events to build relationships.
