How many roofing companies are in the U.S.? (2024)
Roofers handle all aspects of installing, repairing and replacing structural roofs. A majority of roofers in the U.S. work for small businesses, meaning that this multibillion-dollar industry is made up of tens of thousands of small businesses with no large companies taking a major share of the market. A physically taxing occupation — requiring climbing, lifting heavy loads and working in physically uncomfortable positions — the number of roofing jobs is expected to increase between 2022 and 2032, along with thousands of job openings each year due to roofers changing careers or retiring.
In 2023, 96,474 roofing contractor businesses were operating in the U.S.
Jump to insightThe roofing industry employed 154,500 roofers in 2022.
Jump to insightThe roofing industry netted a revenue of $50.6 billion in 2023.
Jump to insightThe median annual salary for roofers in the U.S. was $50,030 in 2023.
Jump to insightIn 17 states, the median annual salary for roofers in that state was lower than the overall median annual salary across all occupations in the state.
Jump to insightRoofing industry statistics
The U.S. roofing industry is dominated by tens of thousands of small businesses that will require just as many new roofers over the next decade. Requiring no formal education, training or certification, roofing is a trade that can be learned on the job, though the work conditions can be grueling. While the industry is expected to present thousands of job opportunities, the salaries for roofers vary across the country, with the median salary in some states dropping below the national median.
How many roofing contractors are in the U.S.?
As of 2023, the U.S. had 96,474 roofing contractor businesses, representing a 3.7% increase over 2022. The number of businesses in the industry increased by an average of 3.7% per year between 2018 and 2023. Out of the 154,500 roofers working in the U.S. in 2022, 76% were employed as contractors. No single company can be considered a major player in the industry. Instead, the industry is made up of many small businesses, with the three largest companies accounting for less than 5% of the market share.
The three states with the most roofing contractor businesses are California, Texas and Florida. This tracks with the population size of these states, as California, Texas and Florida, respectively, have the highest populations nationwide.
Roofing industry market size
In 2023, the U.S. roofing contractor industry netted a revenue of $50.6 billion, 4.6% lower than the year prior. This was a continuation of a longer decline, with the market losing an average of 1.9% in revenue annually from 2018 to 2023. The industry is highly competitive and has low entry barriers, both of which negatively impact growth. Roofing contractor businesses are labor intensive as opposed to capital intensive. Businesses in the industry paid the highest percentage of their revenue toward purchases (43.1%) and wages (26.2%), while rent and utilities accounted for only 1.9%.
Roofing industry outlook
Entry-level roofing roles do not require formal education or credentials; instead, roofers can begin their careers through on-the-job training. The market for roofers is expected to grow at a rate of 2% between 2022 and 2032; this is around the average growth rate for all occupations in the U.S. In 2023, the three states with the highest employment levels for roofers were Florida, California and Illinois, respectively. As roofers segue to other occupations or leave the workforce entirely, around 12,200 positions are projected to open up each year between 2022 and 2032.
The median annual pay for roofers in the U.S. was $50,030 in 2023, higher than the national median of $48,060. However, this varied from state to state. Roofers in West Virginia had the lowest median annual salary at $36,750, while roofers in Massachusetts had the highest at $69,310. In 17 states, the median annual salary for roofers was lower than that state’s overall median annual salary for all occupations.
FAQ
How many roofing businesses are there in the U.S.?
In 2023, there were 96,474 roofing contractor businesses operating in the U.S.
How many roofers are employed in the U.S.?
In 2022, 154,500 roofers were working in the U.S.
How much is the U.S. roofing industry worth?
The roofing industry was worth $50.6 billion in 2023.
How much do roofers make in the U.S.?
The median annual salary for roofers across the U.S. was $50,030 in 2023. Median annual salaries, however, vary from state to state.
References
- “Roofing Contractors in the US - Number of Businesses.” IBISWorld. Evaluated May 18, 2024.Link Here
- “Roofing Contractors in the US - Market Size, Industry Analysis, Trends and Forecasts (2024-2029).” IBISWorld. Evaluated May 18, 2024.Link Here
- “U.S. and World Population Clock.” U.S. Census Bureau. Evaluated May 18, 2024.Link Here
- “Roofing Contractors in the US - Market Size (2005–2030).” IBISWorld. Evaluated May 18, 2024.Link Here
- “Occupational Outlook Handbook - Roofers.” U.S. Bureau of Labor Statistics. Evaluated May 18, 2024.Link Here
- “National Wages 47-2181.00 - Roofers.” O*NET OnLine. Evaluated May 18, 2024.Link Here
- “Occupational Employment and Wages, May 2023 47-2181 Roofers.” U.S. Bureau of Labor Statistics. Evaluated May 18, 2024.Link Here
- “Occupational Outlook Handbook - Roofers - Work Environment.” U.S. Bureau of Labor Statistics. Evaluated May 18, 2024.Link Here
- “Occupational Outlook Handbook - Roofers - Pay.” U.S. Bureau of Labor Statistics. Evaluated May 18, 2024.Link Here
- “Occupational Employment and Wage Statistics.” U.S. Bureau of Labor Statistics. Evaluated May 18, 2024.Link Here