Do you want to know how much money fence installers make yearly in Washington state? If YES, here are 7 factors that determine the profit margin for fence installers. In order to have an idea of the amount a fence installer in Washington is expected to make daily, weekly, monthly or yearly, you should clearly define the service offerings of a fence installer.
As expected, a well – established fence installer is expected to install all kinds of fences for their customers, such as parapets, security fencing, electric fencing, vehicle barriers, boundary fencing for homes, and soundproof barriers for airports.
Table of Content
- How Much Money Do Fence Installers Make in Washington State?
- 1. The Capacity of the Fence Installer
- 2. The Location the Fence Installer is Covering
- 3. The Management Style of the Fence Installer
- 4. The Material Used in Constructing the Fences
- 5. The Business Approach of the Fence Installer Business
- 6. The Advertising and Marketing Strategies Adopted by the Fence Installer
- 7. The Number of Years the Fence Installer is in Business
How Much Money Do Fence Installers Make in Washington State?
With that in mind, we can estimate what a fence installer is expected to make but statistics available shows that the average Fence Installer salary in Washington is $44,793 as of June 28, 2021, but the range typically falls between $37,113 and $54,133. Salary ranges can vary widely depending on the city and many other important factors, including education, certifications, additional skills, the number of years you have spent in your profession.
It is important to point that there is no one-mold-fits-all when it comes to how much a fence installer in Washington is expected to make. There are some factors that we are going to look into before giving an estimate of how much an average fence installer makes yearly and these factors are;
7 Factors That Determine How Much Money Fence Installers Make
1. The Capacity of the Fence Installer
One cannot conveniently state the amount a fence installer in Washington is expected to make yearly if you do not know the capacity of the fence installer. As a matter of fact, you cannot equate the amount a fence installer that is just starting out in business with an experienced fence installer that offers robust services.
2. The Location the Fence Installer is Covering
We must not rule out the fact that the location the fence installer is covering is a major factor that will determine the amount he or she is expected to earn monthly. A key factor that can greatly influence the money a fence installer is expected to make is if he chooses to operate in a location with people that can afford his or her services.
The truth is that, you will struggle to make good money as a fence installer if you locate the business in an area filled with low income earners or in a ghetto. If you locate your fence installer business close to a highbrow area or an area with loads of ongoing construction works and home owners, you are likely going to make good returns from the business.
3. The Management Style of the Fence Installer
Another key factor that will determine the amount a fence installer in Washington is expected to make yearly is the management style of the fence installer. Trust me, the results you will get when you are good manager will definitely be different from a business with a poor manager. The idea is that a good fence installer business will not just retain their old customers, they will also keep getting new customers especially through recommendations.
4. The Material Used in Constructing the Fences
Another factor that can influence the amount a fence installer in Washington is supposed to make is the types of fence they are specialized in and of course the materials that they use in making their fences.
There are three basic types of fences such as parapets, security fencing, electric fencing, vehicle barriers, boundary fencing for homes, and soundproof barriers for airports. The materials used in the construction of fences are metals and non – metallic materials. Wood readily comes to mind when you talk of non – metallic materials used in the construction of fences.
However, the former will cost more due to durability and overall quality. For example, homeowners pay an average of $2,755 to install a wood fence, or a range between $1,673 and $3,983. Wood fences cost $17 to $45 per linear foot. Lumber averages from $7 to $15 per foot while labor ranges from $10 to $30 per foot.
5. The Business Approach of the Fence Installer Business
There are different business approaches that a fence installer – business can choose from and it will greatly influence the amount they are expected to make monthly and yearly. Of course, we know that fence installer may decide that they want to work alone and do their marketing alone and they can also decide to partner with other businesses that will recommend clients to them.
It is easier to find fence installers that partner with construction companies, property management and development companies, home staging companies and key players in the real estate industry. In essence, a well – organized fence installer who works with others will surely make more money than a solo fence installer.
6. The Advertising and Marketing Strategies Adopted by the Fence Installer
Another key factor that will determine the amount a fence installer in Washington can make yearly is the advertising and marketing strategies adopted by the management of the business. Trust me, there are several advertising and marketing strategies that can help a business increase their earnings, but you may be expected to spend more.
But the results you will make will far outweigh the amount you spent on advertising and marketing. Of course, you don’t expect a fence installer that is engaging in aggressive advertising and marketing to make same amount yearly with a fence installer that is passive with its advertising and marketing.
7. The Number of Years the Fence Installer is in Business
In business, the number of years you are in existence will go a long way to determine the amount you will make especially if the business is well – managed and creativity always come to bear. This is because over the years, you would have been able to gain the trust of your customers and it will be easier for you to always have them coming back and also recommending clients to you.
For example, in your first fiscal year (FY1) you might make two hundred and twenty thousand dollars ($220,000), in your second fiscal year (FY2) you might make two hundred and fifty thousand dollars ($250,000) and in your third fiscal year (FY3) you might make three hundred and fifty thousand dollars ($350,000).
Averagely, a fence costs $2,700, you can spend anywhere from $1,000 up to $10,000 or more depending on size and what type and style you choose. Materials alone run $7 to $30 per linear foot. For a standard 150 – foot length that comes to $1,000 to $4,500.
Having said that, in Washington, an average Fence Installer earns approximately $17.67 per hour and interestingly they earn 45.3 percent more than the national average.