by vision-master » Thu 28 May 2009, 09:21:53
$this->bbcode_second_pass_quote('MarkJ', '')$this->bbcode_second_pass_quote('', 'P')lumbers make about a median of $20/hour (BLS). Assuming 40 hour work weeks and working for 40 years, that's about $1.6 million over a lifetime. Still far less than the $2.1 million for an average BA/BS degree holder. I'm sure you can cherry-pick and say that they make more than those with a degree in art history, which so few have, but overall, getting a BS/BA earns a lot more money and benefits.
How much a licensed plumber makes depends on the region, speed, skills, experience, hours worked and diversity of the plumber. Many plumbers in the Northeast make big bucks since they perform residential and commercial plumbing in addition to hydronic heating, steam heating, burner service, plus heating service etc.
The hourly wages of employees and the self employed don't include service charges, diagnostic fees, emergency service fees, parts markup, cash work, barter, salvaged equipment, resale of salvaged equipment, salvaged materials (steel/iron/copper) side jobs etc.
It's not uncommon for some plumbers make 2 or 3 grand a day on some boiler installations in addition to salvaging expensive equipment that they can resell, plus harvesting plenty of cast, iron and copper.
In addition, professional on-site service jobs can't be outsourced, plus self employed plumbers with hundreds or thousands of customers always stay busy. Work may slow down, but their jobs won't be eliminated.
In addition, many plumbing and heating techs do other work like A/C, refrigeration, electrical, carpentry, metal work, automotive work etc.
The fact that many tradesmen can build, maintain or repair their own homes, equipment, vehicles etc is a bonus as well.
If these guy's are any good, union scale is well over $30 hour and self-employment would see at least $75 hour. Any skilled tradesman making only $20 hour would be a butch jobber around here.