I should have been a little more analytical in my approach. So,here is a little stats table for US IT contractor from my portfolio (210 contractors).

Correction: I think I’ve mentioned AVERAGE vs. MEAN in my previous post.

US IT Labor Rate – Descriptive statistics

Base Rate
count 210
mean 63.0606
sample variance 1,112.0150
sample standard deviation 33.3469
minimum 18
maximum 221
range 203

1st quartile 34.0000
median 59.0000
3rd quaritle 80.0000
interquartile range 46.0000
mode 80.0000