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CUSTOM WESTERN SADDLE BASE PRICE

     Arriving at a minimum base price for a custom saddle is not an easy task.  The variables in costs, experience, regional differences, etc. make it hard to determine a concrete base price that everyone can use.  The following information is based on a working/roping saddle.

     In arriving at a minimum base price the following assumptions have been made.

1.  Times   The times are based on a saddle maker with 3 to 5 years of experience in the discipline in which she or he has been trained.

                        2.  Materials    
                                    A.  Leather is premium leather  ( No. 1 or A grade) native hides and domestically tanned.

                                    B.  Tree is a domestic custom wood tree covered with rawhide, fiberglass, or Kevlar.

                                    C.  Hardware is stainless steel or solid brass when available.  

D.  The cost of materials are based on the minimum quality that are required  in a custom saddle ( $1,419.93).
(Most established custom saddle makers will use higher quality materials than this example and therefore higher material costs.)
3.  Wages   The wage data is based on the median household income for the United States with payroll taxes, health insurance, and retirement account included.

4.  Overhead The overhead data is based on average overhead costs.

Minimum national average base price for a working/roping saddle:

$ 3,682.44

Note: This is a minimum national average and your circumstances may differ.

See the table at the end of this chapter for the minimum average base price by individual state.

BASIC CUSTOM WORKING/ROPING WESTERN SADDLE MATERIALS LIST AND COSTS

The basic minimum custom working/roping saddle includes the following:
medium saddle skirting leather --  natural oil finish -- custom made rawhide or fiberglass covered laminated wood tree -- 3/4, 7/8, or full double rig with stainless steel dees -- 3/4" bark tanned wool lining -- padded seat -- Cheyenne roll cantle -- leather covered laced stirrups -- Blevins buckles -- all edges hand finished and dyed -- 6' latigos -- saddle strings on front and back  -- 100% mohair cinch with stainless steel buckles -- 1 3/4" stitched and lined rear billets and a 3 1/2" stitched and lined rear flank with stainless steel buckles.


MATERIALS LIST AND COSTS   Based on average costs and  times for a saddle maker with 3/5 years of experience

AMT
DESCRIPTION
COST
TOTAL
2.5
SIDES MEDIUM SKIRTING LEATHER
235.71
589.28
1
TREE
315.00
315.00
1
SHEEP SKIN
98.72
98.72
1
SEAT STRAINER
3.94
3.94
2
LINING LEATHER FOR SEAT STRAINER ( SQ FT )
3.40
6.80
2.25
SQ FT 1/4" FOAM SEAT PADDING
2.60
5.85
4
SQ FT SPLIT LEATHER FOR PADDED SEAT
3.38
13.52
3.75
SQ FT 4/5 OZ LATIGO LEATHER FOR LINING REAR FLANK
10.04
37.65
1
PAIR STIRRUP CORES
21.87
21.87
1
PAIR 3" BLEVINS BUCKLES
9.68
9.68
2
3 ½" RIGGING DEES
4.27
8.54
2
3" RIGGING DEES
3.67
7.34
2
BREAST COLLAR DEES
1.38
2.76
3
5/8" CENTER BAR BUCKLES
0.96
2.88
2
1 3/4" SS FLAT SS REAR FLANK BUCKLES
2.77
5.54
1
100% MOHAIR CINCH
49.13
49.13
1.13
SQ FT 4/5 OZ LATIGO LEATHER FOR LACING
10.04
11.35
0.94
SQ FT 6/7 OZ LATIGO LEATHER FOR SADDLE STRINGS
10.20
9.59
2.60
SQ FT 9/11 OZ LATIGO FOR LATIGOS ( TIE STRAPS )
10.33
26.86
MISC SUPPLIES  @ 10%   ( THREAD, TACKS, NAILS, GLUE, OIL, DYE, ETC. )
122.63
 MATERIALS COST
1348.93
PROFIT OR RETURN ON INVESTMENT ON MATERIALS USED (5%)
71.00
     TOTAL MATERIALS MINIMUM COST WITH RETURN ON INVESTMENT
1,419.93

BASIC CUSTOM WORKING/ROPING WESTERN SADDLE PRICING
TOTAL MATERIALS MINIMUM COST WITH RETURN ON INVESTMENT
1,419.93
45.25
  HOURS OF LABOR NEEDED TO BUILD SADDLE  
SHOP RATE TOTAL
MATERIALS
 &
 SHOP RATE TOTAL
HOURS OF LABOR AT A SHOP RATE OF $20.21 PER HOUR
 INDIVIDUAL POVERTY RATE
914.50
2,334.43
HOURS OF LABOR AT A SHOP RATE OF $28.47 PER HOUR
HOUSEHOLD POVERTY RATE
     1,288.27
2,708.20

HOURS OF LABOR AT A SHOP RATE OF $34.00 PER HOUR
NATIONAL LOW RATE
1,539.52
2,959.45
HOURS OF LABOR AT A SHOP RATE OF $40.00 PER HOUR
1,810.00
3,229.93
HOURS OF LABOR AT A SHOP RATE OF $45.00 PER HOUR
2,036.25
3,456.18
HOURS OF LABOR AT A SHOP RATE OF $50.00 PER HOUR
    NATIONAL AVERAGE HOUSEHOLD INCOME

2,262.50

3,682.44
HOURS OF LABOR AT A SHOP RATE OF $55.00 PER HOUR
2,488.75
3,908.68
HOURS OF LABOR AT A SHOP RATE OF $60.00 PER HOUR
2,715.00
4,134.93
HOURS OF LABOR AT A SHOP RATE OF $71.00 PER HOUR
NATIONAL HIGH RATE
3,212.75
4.632.68

BASIC CUSTOM WORKING/ROPING WESTERN SADDLE
 TIMES
Based on average times for a saddle maker with 3/5 years of experience
PROCESS
TIMES *
(hours)
TAKE ORDER (FIT HORSE ETC.)  
5.00
CUTOUT LEATHER
3.25
PREPARE TREE ( LAYOUT  - INSTALL STIRRUP LEATHER PLUGS  - BAR RISERS - INSTALL GULLET COVER - ETC. )
3.00
INSTALL RIGGING
1.75
INSTALL GROUND SEAT   ( includes fitting with customer )
3.25
COVER HORN
2.50
INSTALL CANTLE FILLER AND CANTLE COVER
1.50
INSTALL SWELL COVER
2.00
FIT AND BLOCK SKIRTS
1.00
FIT SEAT COVER
3.75
FIT REAR JOCKEYS
1.25
COVER STIRRUPS
2.50
PLUG SKIRTS
1.25
MAKE UP REAR FLANK BILLETS AND REAR FLANK WITH TUNNEL LOOPS
1.50
MISC    STIRRUP LEATHERS - STIRRUP HOBBLE STRAPS - CONCHOS - LATIGO / RIG CATCHERS - ETC
1.75
FINISH  - EDGE   DYE EDGES   OIL    APPLY FINISH
1.25
LINE SKIRTS WITH 3/4" BARK TAN SHEEP SKIN
1.00
INSTALL PADDED OVERLAY SEAT MACHINE STITCHED
2.50
FIT AND STITCH  CANTLE BINDER FOR CHEYENNE ROLL
2.75
ASSEMBLE 
2.50
     TOTAL HOURS   
45.25


AVERAGE BASE PRICE OF A BASIC WORKING/ROPING SADDLE
 WITH COST OF MATERIALS OF 1,421.11
BASED ON THE MEDIAN HOUSEHOLD INCOME BY STATE



STATE
MEDIAN HOUSEHOLD INCOME
HOURLY WAGE
  HOURLY OVERHEAD RATE
TOTAL SHOP RATE
AVERAGE BASE PRICE
Alabama
42,278.00
28.96
11.65
40.61
2,948.83
Alaska
67,629.00
46.33
18.63
64.95
4,050.59
Arizona
49,254.00
33.74
13.57
47.31
3,252.01
Arkansas
45,922.00
31.46
12.65
44.11
3,107.20
California
60,487.00
41.43
16.66
58.09
3,740.20
Colorado
60,940.00
41.74
16.79
58.53
3,759.89
Connecticut
70,161.00
48.06
19.33
67.39
4,160.64
Delaware
57,522.00
39.40
15.84
55.25
3,611.34
Florida
46,140.00
31.61
12.71
44.32
3,116.68
Georgia
49,555.00
33.95
13.65
47.60
3,265.09
Hawaii
71,223.00
48.79
19.62
68.41
4,206.79
Idaho
53,438.00
36.61
14.72
51.32
3,433.85
Illinois
54,916.00
37.62
15.13
52.74
3,498.08
Indiana
48,060.00
32.92
13.24
46.16
3,200.12
Iowa
57,810.00
39.60
15.92
55.52
3,623.86
Kansas
53,444.00
36.61
14.72
51.33
3,434.11
Kentucky
42,789.00
29.31
11.79
41.10
2,971.04
Louisiana
42,406.00
29.05
11.68
40.73
2,954.40
Maine
51,710.00
35.42
14.24
49.66
3,358.75
Maryland
76,165.00
52.17
20.98
73.15
4,421.57
Massachusetts
63,151.00
43.26
17.39
60.65
3,855.98
Michigan
52,005.00
35.62
14.32
49.95
3,371.57
Minnesota
67,244.00
46.06
18.52
64.58
4,033.86
Mississippi
35,521.00
24.33
9.78
34.12
2,655.17
Missouri
56,630.00
38.79
15.60
54.39
3,572.58
Montana
51,102.00
35.00
14.08
49.08
3,332.33
Nebraska
56,870.00
38.96
15.66
54.62
3,583.01
Nevada
49,875.00
34.16
13.74
47.90
3,279.00
New Jersey
65,243.00
44.69
17.97
62.66
3,946.90
New Hampshire
73,397.00
50.28
20.22
70.49
4,301.27
New York
54,310.00
37.20
14.96
52.16
3,471.75
New Mexico
46,686.00
31.98
12.86
44.84
3,140.41
North Carolina
46,784.00
32.05
12.89
44.93
3,144.67
North Dakota
60,730.00
41.60
16.73
58.33
3,750.76
Ohio
49,644.00
34.01
13.67
47.68
3,268.96
Oklahoma
47,199.00
32.33
13.00
45.33
3,162.70
Oregon
58,875.00
40.33
16.22
56.55
3,670.14
Pennsylvania
55,173.00
37.79
15.20
52.99
3,509.25
Rhode Island
58,633.00
40.16
16.15
56.31
3,659.63
South Dakota
53,053.00
36.34
14.61
50.95
3,417.12
South Carolina
44,929.00
30.78
12.38
43.15
3,064.05
Tennessee
43,716.00
29.95
12.04
41.99
3,011.33
Texas
53,875.00
36.90
14.84
51.74
3,452.84
Utah
63,383.00
43.42
17.46
60.88
3,866.06
Vermont
60,708.00
41.59
16.72
58.31
3,749.81
Virginia
66,155.00
45.32
18.22
63.54
3,986.53
Washington
59,068.00
40.46
16.27
56.73
3,678.53
West Virginia
39,552.00
27.09
10.89
37.99
2,830.36
Wisconsin
58,080.00
39.78
16.00
55.78
3,635.59
Wyoming
55,690.00
38.15
15.34
53.49
3,531.72







Copyright 2005 - 2016 American Saddle Makers Association, Inc.