Carpentry workers comp rate in New York
The filed workers comp rate for class code 5403 (Carpentry) in New York is $13.61 per $100 of payroll , effective 2025-10-01. On $500,000 of payroll, that's roughly $68,035 in base premium.
Rate per $100 $13.61
Rate type loss_cost
Authority New York Compensation Insurance Rating
Effective 2025-10-01
vs peers 95%
Confidence HIGH
FAQ
What is the workers comp rate for code 5403 in New York?
The filed workers comp loss cost / rate for NCCI class code 5403 (Carpentry) in New York is $13.61 per $100 of payroll, effective 2025-10-01.
How much would I pay in New York for code 5403 on $500,000 of payroll?
At $13.61 per $100, $500,000 of payroll yields a base premium of $68,035 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 5403?
UT has the cheapest filed rate for code 5403 ($1.07) and NJ the highest ($16.11). New York sits at the 95th percentile across 22 peer states.