The median rate ranges below are based on data generated by a survey administered to EFA members in April 2020 by Venture Research Associates. The survey asked EFA members to answer questions about projects they invoiced and/or collected payments from during the 2019 calendar year.
As an association, the EFA neither sets rates nor advises members on what rates or rate structures they should choose. Individual members’ rates vary considerably depending on multiple factors, including the nature of the work, time frame of the assignment, degree of special expertise required, cost of living, and member’s experience and region of the country.
Please also note that in the time since the survey was administered, the COVID-19 pandemic and global inflation may have impacted the standard rates in your market area.
For the purposes of the EFA survey and this chart, a page is defined as 250 words, the industry standard for a manuscript page.
