Carpentry - Residential workers comp rate in Virginia
The filed workers comp rate for class code 5402 (Carpentry - Residential) in Virginia is $2.39 per $100 of payroll , effective 2026-04-01. On $500,000 of payroll, that's roughly $11,950 in base premium.
Rate per $100 $2.39
Rate type loss_cost
Authority National Council on Compensation
Effective 2026-04-01
vs peers 26%
Confidence HIGH
FAQ
What is the workers comp rate for code 5402 in Virginia?
The filed workers comp loss cost / rate for NCCI class code 5402 (Carpentry - Residential) in Virginia is $2.39 per $100 of payroll, effective 2026-04-01.
How much would I pay in Virginia for code 5402 on $500,000 of payroll?
At $2.39 per $100, $500,000 of payroll yields a base premium of $11,950 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5402?
UT has the cheapest filed rate for code 5402 ($1.48) and NJ the highest ($9.16). Virginia sits at the 26th percentile across 19 peer states.