Best States for Iron/Steel Contractor (Commercial)s to Start a Home Business

We ranked all 51 states based on licensing requirements, earning potential, LLC costs, and tax burden. Here are the best (and worst) states for iron/steel contractor (commercial)s.

25 states don't require a license · National median: N/A · Updated 2025

Top 5 Best States

1
Colorado
No license neededMedian: $29.43/hrLLC: $50No services tax
Score

98

2
Kentucky
No license neededMedian: $31.35/hrLLC: $40No services tax
Score

98

3
Missouri
No license neededMedian: $38.62/hrLLC: $50No services tax
Score

98

4
Georgia
No license neededMedian: $28.55/hrLLC: $100No services tax
Score

94

5
Indiana
No license neededMedian: $30.28/hrLLC: $100No services tax
Score

94

Full Ranking: All 51 States

#StateLicenseFeeMedian WageLLC CostScore
1ColoradoNo$29.43/hr$5098
2KentuckyNo$31.35/hr$4098
3MissouriNo$38.62/hr$5098
4GeorgiaNo$28.55/hr$10094
5IndianaNo$30.28/hr$10094
6MarylandNo$29.11/hr$10094
7OhioNo$35.36/hr$9994
8OklahomaNo$24.48/hr$10094
9IllinoisNo$49.17/hr$15090
10KansasNo$26.32/hr$16590
11MinnesotaNo$43.80/hr$15590
12New YorkNo$39.24/hr$20090
13WisconsinNo$38.95/hr$13090
14WyomingNo$22.12/hr$10290
15New JerseyNo$37.39/hr$12585
16TexasNo$23.63/hr$30085
17MichiganNo$5083
18MontanaNo$3583
19New HampshireNo$10079
20DelawareNo$11075
21MaineNo$17575
22PennsylvaniaNo$12575
23South DakotaNo$15075
24VermontNo$12575
25West VirginiaYes$194$38.09/hr$10074
26ArkansasYes$180$28.76/hr$5073
27IowaYes$50$5073
28New MexicoYes$323$24.40/hr$5073
29MassachusettsNo$50070
30NebraskaYes$34.30/hr$11070
31North CarolinaYes$154$24.76/hr$12570
32WashingtonYes$117$51.12/hr$20070
33IdahoYes$50$10069
34LouisianaYes$400$32.80/hr$10069
35OregonYes$310$43.82/hr$10069
36UtahYes$405$24.04/hr$5469
37VirginiaYes$320$28.24/hr$10069
38ArizonaYes$896$32.22/hr$5068
39AlabamaYes$492$27.18/hr$20065
40FloridaYes$364$21.53/hr$12565
41South CarolinaYes$310$22.62/hr$11065
42CaliforniaYes$579$29.54/hr$7064
43MississippiYes$640$17.76/hr$5061
44North DakotaYes$100$13560
45TennesseeYes$307$36.98/hr$30060
46NevadaYes$1040$48.13/hr$42555
47Rhode IslandYes$200$15055
48AlaskaYes$350$25050
49HawaiiYes$694$5149
50District of ColumbiaYes$654$9944
51ConnecticutYes$500$12040

5 Most Challenging States

Connecticut
Fee: $50040
Hawaii
Fee: $69449
Alaska
Fee: $35050
Rhode Island
Fee: $20055

How We Scored Each State

Each state starts with a base score of 50, then we add or subtract points based on:

  • No license required: +20 points (biggest single factor — lower barriers to entry)
  • License fee: −10 for fees over $500, −5 for over $300, +10 for under $50
  • Wages above national median: Up to +15 points for states paying 20%+ above national median
  • LLC formation cost: +8 for states under $50, −5 for states over $300
  • No sales tax on services: +5 points

Data sources: Institute for Justice License to Work 3 (licensing), BLS OEWS May 2024 (wages), state Secretary of State offices (LLC costs). This ranking reflects factors relevant to home-based operators — commercial location costs, local zoning, and cost of living are not included.

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