How Much Do Speed Bumps Cost?
Speed bump costs can range anywhere from $1,000-$11,000 depending on the type of bump and your location. Installing a four-segment bump covers the track width of a standard vehicle with a total cost of $300. A six-segment bump, of course, will cost much more.
*These are cost estimates according to Unimat-Traffic. Contact the team at Black & Gray Asphalt Construction for more information.
Average Cost Of Speed Bump Installation
Depending on the specific type of speed bump you wish to install, you can expect to pay up to $5,800. Keep in mind you may have to spend another $1,000 to cover both permits and thermal stripping.
Paying for additional signs and RPMs will also add to your overall cost of installation. These speed bumps can undoubtedly improve the look of your community and provide some much-needed safety. You can expect the installation process to take about two days.
Once the process has been completed, the project can cost anywhere from $5,000-$15,000. While a bump can cost $500-$2,500 per unit, a traffic circle will be much more costly, averaging around $25,000 for installation.
Depending on your municipality, a speed bump or traffic circle will cost an average of $20,000. Here is what you can expect to pay once the installation of a speed bump has been completed:
- Lowest Cost: $5,000.
- Average Cost: $10,000.
- Highest Cost: $15,000.
Why Install Speed Bumps?
Deciding between installing a speed bump or hump is important. The price of a bump or hump will depend on the design and condition of your community.
Although speed bumps can be costly, they do offer great valuable and durability to neighborhoods. Let’s take a look at a few benefits of speed bump installations.
Great Return on Investment
Typically, speed bumps do offer excellent value for communities looking to slow traffic speeds nearby. Furthermore, repairing these bumps over the years will not cost a lot of money.
Customization
The speed bumps size and design must be suited to the conditions of specific roads in order to get the best results possible. While rubber and metal speed bumps come in a variety of shapes and sizes, they are not as durable as asphalt.
Accident Reduction
By requiring drivers to slow down while driving, these speed bumps can ultimately reduce road mishaps. More importantly, they are quite efficient at reducing accidents involving pedestrians. Speed bumps are a great solution for traffic control on a daily basis.
Black & Gray Asphalt Co. In Phoenix, Arizona
Doing business in the Valley since 1981 with one owner, Black & Gray Asphalt Co. has built an unmatched reputation for reliability, service, and quality workmanship. Our customers will tell you they come to Black & Gray Asphalt Co. because, no matter what the project’s size or complexity, we can do the job from start to finish. We offer complete Residential & Commercial Concrete and Asphalt Maintenance Programs. Contact us today for all your sealcoating, stripping, signage, paving, asphalt patching, speed bump, speed hump, and concrete needs today!