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How much do self-employed home builders and remodelers make?

Home builders and remodelers. Census data for 2024. Figures are revenue before costs, not income.

Contractor cutting a length of wood with a mitre saw

Businesses

897,780

Revenue per firm

$102,395

Under $25,000

47%

Sole proprietors

88.3%

Census code 2361, "Residential Building Construction", covers new home builders, remodelers and residential renovation contractors.

In 2024, 897,780 US businesses with no paid employees were classified under this code. Between them they reported $91.9 billion in revenue, an average of $102,395 per firm, 76% above the $58,194 average for all businesses with no employees.

What stands out

Residential builders and remodelers have the second-highest average revenue of these trades. 47% of firms reported under $25,000, against 60.4% of all nonemployers, and 20.4% reached $100,000 or more.

Firms set up as partnerships or corporations averaged $320,173, the highest of any trade here and about four times the $73,399 sole proprietors averaged. 88.3% are sole proprietors.

Montana holds 1.6 times its national share of these firms, Maine 1.5 and Vermont 1.5. Among states with at least 500 firms, the District of Columbia holds 0.36, the lowest relative concentration.

What a typical firm brings in

The average hides a wide spread. 24.6% of firms reported under $10,000 (all industries: 37.3%), 47% under $25,000 (all: 60.4%) and 65.5% under $50,000. 20.4% reached $100,000 or more (all: 13.3%). The middle firm falls in the "$25,000 to $49,999" bracket.

Share of 897,780 US firms in each revenue bracket, 2024. Shares use the national firm total and are rounded to one decimal; a band shown as 0% can hold a small number of firms, and bands without a published count are left out. Source: Census Bureau, Nonemployer Statistics.
  • Under $5,00014.2%
  • $5,000 to $9,99910.4%
  • $10,000 to $24,99922.4%
  • $25,000 to $49,99918.5%
  • $50,000 to $99,99914.1%
  • $100,000 to $249,99910.8%
  • $250,000 to $499,9994.9%
  • $500,000 to $999,9992.9%
  • $1 million to $2.5 million1.8%
  • $2.5 million to $5 million0%

How much is left after costs

The IRS Table 1 row nearest this trade, "Construction of buildings", does not match the scope of this Census category, so no matching profit figure is shown here.

How it varies by state

Florida has the most firms, at 109,165. Among the 51 states (including DC) with at least 500 firms, revenue per firm is highest in New Hampshire ($162,062) and lowest in Nevada ($65,033). The Census assigns each business to a state by its mailing address, which may not be where the work is done. These data do not explain state differences or show take-home pay.

Alabama12,577$118,397+16%
Alaska1,408$111,040+8%
Arizona15,636$97,940-4%
Arkansas8,528$125,456+23%
California90,962$81,015-21%
Colorado16,959$113,467+11%
Connecticut8,914$154,638+51%
Delaware1,978$137,407+34%
District of Columbia659$125,536+23%
Florida109,165$74,217-28%
Georgia37,792$107,681+5%
Hawaii3,664$95,248-7%
Idaho5,564$122,780+20%
Illinois36,241$92,704-9%
Indiana15,123$106,687+4%
Iowa7,055$123,015+20%
Kansas5,728$108,752+6%
Kentucky10,630$120,554+18%
Louisiana11,558$107,816+5%
Maine5,494$116,344+14%
Maryland15,287$100,803-2%
Massachusetts16,280$154,783+51%
Michigan26,576$94,699-8%
Minnesota11,660$113,054+10%
Mississippi7,794$110,137+8%
Missouri16,929$103,511+1%
Montana5,143$116,179+13%
Nebraska4,064$114,157+11%
Nevada5,483$65,033-36%
New Hampshire4,420$162,062+58%
New Jersey21,839$126,648+24%
New Mexico3,891$85,505-16%
New York47,039$77,541-24%
North Carolina29,427$115,503+13%
North Dakota1,355$106,942+4%
Ohio26,097$102,426+0%
Oklahoma9,358$121,255+18%
Oregon9,298$117,985+15%
Pennsylvania27,102$100,649-2%
Rhode Island2,404$118,854+16%
South Carolina13,514$123,082+20%
South Dakota2,072$116,113+13%
Tennessee21,617$150,510+47%
Texas102,728$106,686+4%
Utah7,256$125,833+23%
Vermont2,720$110,195+8%
Virginia21,085$102,633+0%
Washington13,626$116,250+14%
West Virginia2,860$79,115-23%
Wisconsin11,682$125,970+23%
Wyoming1,539$127,199+24%

* Fewer than 500 firms, so the average is less stable. Click a column heading to sort. Receipts are modified by the Census Bureau to protect privacy.

Frequently asked questions

How much do self-employed home builders and remodelers make?

Census data for 2024 show 897,780 US businesses with no paid employees in this trade, reporting an average of $102,395 in revenue each. 47% took in under $25,000, against 60.4% of all businesses with no employees. Revenue is what the business takes in before costs, so it is not the owner's income.

Which state has the highest revenue per firm for self-employed home builders and remodelers?

Among the 51 states (including DC) with at least 500 firms, New Hampshire had the highest average revenue per firm, at $162,062, and Nevada the lowest, at $65,033. States are assigned by business mailing address, and these figures do not show take-home pay.

Sources and method

Other trades