How Much Do Builders Make on Spec Homes: A Comprehensive Guide

Positive Aspects of "How Much Do Builders Make on Spec Homes":

  1. Accurate and Detailed Information:

    • Provides accurate and up-to-date data on the earnings of builders specifically in the context of spec homes.
    • Includes comprehensive information on the factors that influence builders' earnings, such as location, experience, market conditions, and project size.
  2. Easy-to-Follow Format:

    • Organized in a user-friendly manner, allowing individuals to quickly find the information they need.
    • Utilizes headings, lists, and checklists to provide a clear structure and facilitate easy navigation.

Benefits of "How Much Do Builders Make on Spec Homes":

  1. Informed Decision-making:

    • Enables builders to make informed decisions regarding spec home projects based on realistic profit expectations.
    • Helps individuals evaluate the potential profitability of entering the spec home construction market.

Spec home building specifically has the potential for high risk and high returns. When things go well, the profit margin can be high. From a financial perspective, people choose to make spec homes because they see an opportunity to make money.

What is the profit margin for a home builder?

Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit.

Is Spec a good investment?

Buying a spec house certainly comes with its share of limitations – like not being able to negotiate a home price or choose your desired floor plan. But a spec home is also an affordable, move-in ready option that can be appealing to home buyers and real estate investors alike.

What is building spec homes profitably the professional's guide?

This book provides practical, direct guidance for the successful construction and sale of a spec home--with a minimum of risk. It includes business management, market research, site selection, design and value engineering decisions, purchasing and expediting strategies, and low-cost, high-exposure marketing strategies.

Do builders negotiate on spec homes?

Builders usually construct several comparable spec homes, which means that the style of home will likely have a going rate. They may not want to negotiate with you and may want to stick with their base price. However, depending on your specific situation, you might be able to negotiate the price.

How much do builders get paid in Texas?

The average builder salary in Texas is $31,200 per year or $15 per hour. Entry level positions start at $27,690 per year while most experienced workers make up to $60,070 per year.

What does the builder do?

Builders oversee, coordinate and work on the construction, repair and renovation of homes and other buildings. They may also manage entire projects. Builders must comply with strict safety regulations, including using and wearing protective equipment and ensuring the construction site is safe.

Frequently Asked Questions

Do I need a license to be a builder in Texas?

The state of Texas doesn't require general contractors, home improvement specialists, or handyman services to hold a license. But remember: The area in which you're working might have other ideas on paperwork. In Texas, contractor license bonds are enforced at the city or county level.

What is the profit margin for builders?

Builders averaged a gross profit margin of 18.2% and a net profit margin of 7.0% in 2020, according to the latest NAHB Builders' Cost of Doing Business Study.

What is the profit margin for a general contractor?

The ideal profit margin target is 8% to 15%. Profits do not always guarantee a higher salary for the contractor. The contractor's salary is included in the overhead expenses. Any profits made should be reinvested in the business.

What is the profit margin on home construction?

In other words, the better the work, the more willing clients are with paying more to receive it. Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit.

What is the average profit margin for a house?

The average profit margin for home builders in 2021 when builders use fixed price, or lump sum, contracts was 15.8% compared to 12.8% for builders using open book, or cost-plus, contracts. The average profit margin for fixed price projects has also risen faster over the past three years compared to open book projects.

How much profit should a contractor make on a kitchen remodel?

In remodel construction, the average gross profit margin is between 34% and 42%. Now, keep in mind, the gross profit margin is not what the contractor actually takes home. Since business overhead expenses are not included in the direct cost, they must be subtracted from the gross profit.

Which business has the highest profit margin?

Average Profit Margins by Industry (2023)

IndustryGross Profit MarginNet Profit Margin
Drugs (Pharmaceutical)67.35%11.03%
Education47.90%7.17%
Electrical Equipment33.53%7.26%
Electronics (Consumer & Office)32.41%7.08%

What is the job description of a builder?

A general builder is responsible for planning, coordinating, and supervising construction projects from start to finish. They read and interpret blueprints, drawings, and specifications to determine the scope of work and construction schedule, prepare cost estimates, and secure new construction contracts.

What do builders do?

Builders oversee, coordinate and work on the construction, repair and renovation of homes and other buildings. They may also manage entire projects. Builders must comply with strict safety regulations, including using and wearing protective equipment and ensuring the construction site is safe.

What is the profit margin on a custom built home?

Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit. Some stages will be physically larger, but less profitable, while others may seem unusually expensive.

What is the average cost per square foot to build a custom home in Texas?

On average, it costs $132 per square foot to build a house in Texas. Apart from this, you need to bear other additional expenses. Construction charges depend on the type of property, square footage, and customizations you choose.

What is the mark up on a new home?

What is the average markup for general contractors? According to the 2023 State of the Residential Construction Industry report, over 30% of builders mark up projects by 25% or more.

What is the most expensive part of building a house?

The Framing

A home's framing is its skeleton. Because so much material and skilled labor is required, this is an incredibly expensive part of building a home.

What is the standard builders markup?

7% to 20%

As a general contractor, this is your profit margin, or in other words, the amount left over after paying all of the costs of the job. A typical contractor markup is usually calculated by percentage, with the average markup varying from 7% to 20% or more.

What is the average profit margin for a custom home builder?

In other words, the better the work, the more willing clients are with paying more to receive it. Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit.

What is the profit margin for contractors?

However, according to industry experts, while the average gross profit margin tends to hover around 20%, the average net profit margin for construction companies is usually between 2% and 10%. While this may seem like a small range, it's important to remember that construction is a notoriously low-margin business.

What is the profit margin for developers?

Profit margins in property development can vary significantly, but a range of 15% to 25% is generally considered typical. Risks and challenges in property development include market fluctuations, regulatory hurdles, construction delays, and unexpected expenses.

Are custom builds expensive?

Custom homes don't have to be over-the-top expensive

The biggest difference between custom builds and production builds is the cost per square foot. The flexibility that comes with building a custom home affects the price, and you'll ultimately be paying more for the customizations you plan with your new home.

How do you calculate construction margin?

In other words, if you charge $11,000 for a project which has $9,000 in overhead and constructions costs to complete, your profit is what's remaining. ($11,000 - $9,000 = $2,000). To find the profit margin of the project, you'd simply divide your profit by the total.

How much profit should a contractor make from a bathroom remodel?

The average gross profit margin for the remodeling industry is 17.62%, and the industry average for home builders is 19%-20%, according to Chron.com. However, this profit margin can vary based on several factors, such as material costs, labor costs, marketing, and competition.

What is typical contractor markup?

7% to 20%

As a general contractor, this is your profit margin, or in other words, the amount left over after paying all of the costs of the job. A typical contractor markup is usually calculated by percentage, with the average markup varying from 7% to 20% or more.

Do new construction homes have good resale value?

If you're building a new home in an up-and-coming neighborhood, the resale value is likely to be higher than if you build in an already well-established area. However, just because you build in an older neighborhood doesn't mean your home's resale value will suffer.

Is building a house then selling it profitable?

It depends on the circumstances. Building a home carries more risk and requires more up-front capital. But if you have a good eye and a solid plan, you can often get a great deal and make more profit than if you bought a property that was already constructed.

How do you succeed in new home sales?

See your customers as people, not numbers.

Your objective is not to sell a home but to pair your buyer with the right home. In order to do that successfully, you need to see them as a valued customer, not a potential sale. Respect the opportunity they are giving you and not what you think you are going to get from it.

FAQ

Is building a new home an investment?

Ultimately, buying a new construction home is an investment that can build equity and return monetary value in the future by cutting down on utility bills, maintenance costs, and installations.

Do new constructions lose value?
A brand-new home is going to have a higher resale value than a home that's ten years old. This is because buyers are always looking for homes that are move-in ready and don't need any work. If your home is brand new, it will fit these criteria and be more appealing to potential buyers. It's a bit like buying a new car.

What is most expensive part of building a house?

Perhaps the most expensive part when it comes to building a home is the framing, which consists of wooden beams that make up the home's skeleton.

How can I become a builder in India?
This guide will detail out how to start a construction company in India.
  1. Create a solid business plan.
  2. Get your company registered.
  3. Build your workforce.
  4. Get the required funding.
  5. Insure your business.
What building cost the most to make?

List of most expensive buildings

BuildingCityCompleted/Will Complete
Mochovce Nuclear Power Plant (block 3 & 4)Mochovce2023
Željava Air BaseŽeljava1968
SoFi StadiumInglewood2020
Marina Bay SandsSingapore2010
Is it more expensive to build or buy?

In a survey by the National Association of Home Builders, the average cost to build a new home in 2022 was $644,750. (New home means one you build yourself or one a builder constructs.) Meanwhile, the average cost to buy an existing home (one that's already built) in 2022 was about $535,500.

How much money do you make if you build cars?

Average custom car builder salary

Custom car builder salaries range between $23,000 and $69,000 per year.

What automotive job makes 6 figures?
High Paying Automotive Jobs
  • Automotive Service Director. Salary range: $100,000-$173,000 per year.
  • Heavy Equipment Sales Manager. Salary range: $65,500-$166,500 per year.
  • Automotive General Sales Manager.
  • Automotive Internet Sales Consultant.
  • Automotive Sales Manager.
  • Used Car Manager.
  • Powertrain Engineer.
  • Automotive Engineer.
Which car industry makes the most money?
5 Most Profitable Car Companies in the World
  • Stellantis N.V. (NYSE:STLA) Profits in 2022: $16.79 billion.
  • Ford Motor Company (NYSE:F) Profits in 2022: $17.93 billion.
  • Volkswagen. Profits in 2022: $18.18 billion.
  • Toyota Motor Corporation (NYSE:TM) Profits in 2022: $25.37 billion.
  • Mercedes-Benz Group.
What job is 7 figures?
Career paths for seven-figure jobs
  • Investment banking.
  • Entrepreneur.
  • Enterprise sales.
  • Consultant.
  • C-level executive.
  • Influencer.
  • Earn several streams of income.
  • Gain effective media exposure.
What is the #1 best paying job?
Get Matched!
  • Anesthesiologist. #1 in Best Paying Jobs.
  • Oral and Maxillofacial Surgeon. #2 in Best Paying Jobs.
  • Obstetrician and Gynecologist. #3 in Best Paying Jobs.
  • Surgeon. #4 in Best Paying Jobs.
  • Orthodontist. #5 in Best Paying Jobs.
  • Physician. #6 in Best Paying Jobs.
  • Psychiatrist. #7 in Best Paying Jobs.
  • Nurse Anesthetist.
What makes a successful builder?

Successful Builders Have A High Tolerance For Risk And Failure. Successful constructors often strongly tolerate risk and have a constructive outlook on setbacks. The feedback loop of failure is infinite. Every setback is an opportunity to learn something new.

What are the qualities of a builder?
to be good with your hands. good teamworking skills as well as the ability to work well on your own. to be physically fit, as the work involves bending, stretching and lifting. to understand the importance of health and safety in the construction industry.

Who is the most trusted home builder?

Taylor Morrison

The Lifestory Research 2023 America's Most Trusted® Home Builder Study found Taylor Morrison as the most trusted brand among people considering the purchase of a new construction home. With the Net Trust Quotient Score of 118.4, Taylor Morrison had the highest trust rating among the most popular home builders.

Who is the #1 home builder in USA?
D.R. Horton was the largest home builder with the highest gross revenue in the United States in 2022. It was closely followed by Lennar Corporation, which had its headquarters in Miami (Florida) and generated a revenue of nearly 32 billion U.S. dollars. Homebuilding was the most important segment of Lennar Corp.

What are the three 3 keys to a successful construction business?
3 key components of a successful construction company
  • Construction can be seen as a significant industry because of what it contributes to both societies, businesses as well as individuals.
  • Good Management.
  • Customization.
  • Embracing Technology.
How much should I charge to remove and install an exterior door?

Normal range: $547 - $2,089. The average cost to install an exterior door is $1,277 , but it can range between $547 and $2,089 , depending on the door's size and material.

How much do you charge to put in a door and frame?

The typical range for door installation costs is $496 to $1,804, with a national average price of $1,115. Factors affecting door installation costs include the door placement, size, type, and material; the wall material; whether there is an existing frame; labor costs; and hardware prices.

How long should it take to install an exterior door?

A typical door installation will take about four hours, but depending on the size and complexity of the door, it could be longer.

How much does it cost to install a wooden front door?

Front Door Cost by Budget

Budget RangeProject Type
$40 — $400Hollow-core door with a DIY or professional install
$200 — $900Solid wood door with a DIY or professional install
$250 — $2,000Fiberglass, steel or aluminum door with a DIY or professional install
$600 — $7,000Custom-made door with full professional install
Jun 12, 2023

What is the labor cost to install a door?

$30 to $90 per hour

With that in mind, labor accounts for around 30% to 35% of the overall cost here. Door installation contractors charge anywhere from $30 to $90 per hour, depending on their experience level and the complexity of the project.

How are CDD fees paid in Florida?

CDD's are designed to pay for themselves, and this fee is passed along to home owners through property taxes and essentially pays the CDD bonds. Because the CDD fee is part of the property tax it will be included in your mortgage amount, if financing your property.

How long does a CDD last in Florida?

In perpetuity

A CDD will last in perpetuity as its Board is charged with the ongoing responsibility for maintenance of the District's assets: roads, lakes, stormwater management systems, and other infrastructure typically provided by a public entity.

What does CDD mean in construction?

Community Development Districts

Community Development Districts, or CDDs, are common in Florida, where many new developments are created in areas where no infrastructure existed before. CDD fees cover the costs of various community amenities like clubhouses, tennis and basketball courts, playgrounds and pools.

How much do builders make on spec homes

What is the purpose of a CDD in Florida?

Created pursuant to chapter 190 of the Florida Statutes, a CDD's main powers are to plan, finance, construct, operate and maintain community-wide infrastructure and services specifically for the benefit of its residents.

What are the benefits of CDD? There are quite a few good reasons for businesses to have proper Customer Due Diligence procedures and checklists in place when you need to assess potential clients:
  • To protect your business against potential risks.
  • To make the best possible decisions as a business.
  • To comply with current laws and regulations.
Is building spec houses profitable?

Spec home building specifically has the potential for high risk and high returns. When things go well, the profit margin can be high. From a financial perspective, people choose to make spec homes because they see an opportunity to make money.

Can marketing managers make a lot of money?

The amount of money marketing managers make depends on their experience, the industry they work in, the size of the company they work for, and the region where they are employed. Generally, marketing managers can make a very good salary, but it is not necessarily the highest-paid job.

What is the best salary for a Marketing Manager?

The highest salary for a Marketing Manager in United States is $135,412 per year.

How much do most marketing managers make?

The average salary for a Marketing Manager in US is $92,786. The average additional cash compensation for a Marketing Manager in US is $9,596. The average total compensation for a Marketing Manager in US is $102,382.

How much does a builder make per house in Australia?

For most builders the calculation is made: $(cost of materials and labour) plus 20% = retail price (plus GST) or $200,000 + 20%= $240,000.

Can a marketer be a millionaire?

Digital marketing undoubtedly holds immense potential for financial success. With the right skills, knowledge, and strategies, individuals can leverage the power of digital platforms to generate substantial income and, in some cases, even become millionaires.

What is a good profit margin for a builder?

Between 10%-20%

In other words, the better the work, the more willing clients are with paying more to receive it. Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit.

What is the profit margin on housing?

Profit margins on median-priced single-family home and condo sales in the US increased to 59 percent in the third quarter, according to The ATTOM third-quarter 2023 US Home Sales Report. That's the second consecutive quarterly increase following several declines.

What is a reasonable profit margin for construction?

However, according to industry experts, while the average gross profit margin tends to hover around 20%, the average net profit margin for construction companies is usually between 2% and 10%. While this may seem like a small range, it's important to remember that construction is a notoriously low-margin business.

Is a 50% profit margin too much?

What is a good gross profit margin ratio? On the face of it, a gross profit margin ratio of 50 to 70% would be considered healthy, and it would be for many types of businesses, like retailers, restaurants, manufacturers and other producers of goods.

Is 30% profit margin too high?

With a net profit profit margin above 30%, your business is incredibly efficient at generating sales while keeping all expenses low. Nicely done!

Can you have a 200% profit margin?

Margins can never be more than 100 percent, but markups can be 200 percent, 500 percent, or 10,000 percent, depending on the price and the total cost of the offer. The higher your price and the lower your cost, the higher your markup.

What is a non standard construction house UK?

A non-standard construction house is built from materials that do not conform to the 'standard' definition. Standard houses have brick or stone walls with a roof made of slate or tile. A non-standard construction is therefore anything that falls outside of this.

What is the profit margin for a house builder in the UK?

Between about 12% and 30%

UK Housebuilders' pre-tax profit margins currently range from between about 12% and 30%.

What is the profit margin for a house builder?

Each stage of a new home construction project will have different profit margins, but on average, most home builders will earn between 10%-20% gross profit.

What is the minimum size house in the UK?

37m²

Under the national space standard, the minimum floor area for any new home is 37m² – almost three times the size - yet these 'homes' are allowed to be built because the rules do not allow them to be rejected on space grounds.

Can you build a house in the UK without planning permission?

As we said, generally you need full planning permission to create new homes, although there are exceptions, such as some shop or office-to-residential conversions.

Do builders in Texas need a license? The state of Texas doesn't require general contractors, home improvement specialists, or handyman services to hold a license. But remember: The area in which you're working might have other ideas on paperwork. In Texas, contractor license bonds are enforced at the city or county level.

How can a contractor maximize profit? STEPS TO BOOST YOUR CONSTRUCTION BUSINESS PROFITS
  1. Focus on Your Company's Cash Flow.
  2. IMPROVE the JOB ESTIMATING PROCESS.
  3. Consider SUBCONTRACTOR RISKS.
  4. Ensure Regular Education and Training with a Focus on Safety.
  5. Increase Your Company's Productivity.
  6. SET GOALS and TRACK YOUR PROGRESS.
How do construction companies make a profit? How do construction companies make money?
  1. Project contracts.
  2. Bidding and estimating.
  3. Change orders and variations.
  4. Subcontracting.
  5. Value engineering and cost savings.
  6. Maintenance and facility management.
  7. Real estate development.
  8. Consulting and design services.
What is the most profitable part of construction?

In general, floor maintenance is often one of the more profitable business ideas associated with the construction industry. This is especially true when it comes to hard floor maintenance. For example, your company could offer the preventative and restorative maintenance of solid or engineered hardwood floors.

How to get your construction company to always make a profit? Book overview
  1. You can become a “Best In Class” contractor.
  2. Develop a five year BIZ-Vision & BIZ-Plan.
  3. Write your short and long term goals.
  4. Develop an accountable management team.
  5. Delegate and build responsible team players.
  6. Replace yourself with written BIZ-Systems.
  7. Install field and project management systems.
  • Can a contractor be a millionaire?
    • Construction companies have always had a reputation for being incredibly lucrative businesses, and for good reason. Building new homes, renovating existing ones, and constructing massive commercial buildings can earn millions of dollars in profits for those who run these types of companies.

  • How to calculate profit margin?
    • To determine the gross profit margin, we need to divide the gross profit by the total revenue for the year and then multiply by 100. To determine the net profit margin, we need to divide the net income (or net profit) by the total revenue for the year and then multiply by 100.

  • What type of construction is most profitable?
    • Which type of construction business is the most profitable? The most profitable type of construction business involves manufacturing, as it targets the entire construction industry. These include cement blocks, ceramics, and fly ash bricks.

  • What is the main characteristics of most builders?
    • 7 Traits Successful Builders Have in Common
      1. Dream Big and Have a Strong Work Ethic.
      2. Choose Your Niche Strategically.
      3. Maintain a High Tolerance of Risk and Failure.
      4. Be Self-Disciplined and Delay Gratification.
      5. Develop Sales and Marketing Skills.
      6. Don't Waste Cash.
      7. Understand Financial Reports.
  • What is the personality of a builder?
    • The Builder personality type loves a challenge. They have no problem seizing the reins or expressing their opinions, even to the boss. Builders want to win. As mentioned before, everyone is unique, so a person may not fit 100% of these traits.

  • How would you describe a good builder?
    • The best builders actively work with their clients throughout the construction process to ensure the building project follows the specifications and results in their dream home. That means professional builders need to have excellent communication skills on top of being a good leader for their construction workers.

  • What makes a great builder?
    • Quality-focused and detailed orientated

      They can foresee possible problems and find solutions even before it occurs, without placing an extra financial or emotional burden on you. An efficient home builder will have systems and processes in place to streamline the complex process of building your home on time.

  • How do you think like a builder?
    • So what is builder mentality? It's approaching life with a humble resolve for growth and development. It's knowing that things can always be better, and striving for those improvements, while acknowledging the work that's already been done and the foundations that have been laid.

  • What is the highest paid job on a building site?
    • Top 10 Highest Paying Construction Careers
      • 1) Senior Project Manager.
      • 2) Architect.
      • 3) Civil Engineer.
      • 4) Construction Manager.
      • 5) Heavy Construction Equipment Supervisor.
      • 6) Construction Estimator.
      • 7) Construction Inspector.
      • 8) Civil Engineering Technologist.
  • How much do construction workers make per hour in the US?
    • How much does a Construction Worker make in USA? The average construction worker salary in the USA is $39,000 per year or $18.75 per hour. Entry level positions start at $32,295 per year while most experienced workers make up to $52,932 per year.

  • What type of construction makes most money?
    • High Paying Construction Jobs
      • Drilling Engineer. Salary range: $120,000-$214,000 per year.
      • Architect. Salary range: $89,000-$166,000 per year.
      • Chief Estimator. Salary range: $114,500-$156,500 per year.
      • Director of Construction.
      • Structural Analysis Engineer.
      • Stress Engineer.
      • Land Development Manager.
      • Pipeline Engineer.
  • Who makes the most money in a construction project?
    • 20 of the highest paying construction jobs
      • Installation manager.
      • Construction inspector.
      • Boilermaker.
      • Associate project manager.
      • Construction estimator.
      • Construction manager.
      • Construction superintendent.
      • Construction project manager.
  • What percentage do most builders charge?
    • Average general contractor cost

      Charge typeAverage cost
      Percentage markup of construction cost10% – 20%
      Hourly rate$50 – $150 per hour
      Daily rate$300 – $500 per day
      Sep 5, 2023

  • What do most contractors charge to build a house?
    • The national average cost per square foot in 2021 is between $100 and $200 a square foot.

  • How do you estimate the cost of building a house?
    • How Builders Can Estimate the Cost of Residential Construction
      1. Take a look at a past job — for example, painting the interior of a new house.
      2. Add up all the material costs associated with that job.
      3. Add up the total labor costs.
      4. Add on any equipment purchases or rentals.
  • How much does it cost to build a 2000 sq ft house in Ohio?
    • How much does it cost to build a 2,000 square foot home in Ohio? It costs about $111 per square foot to build a house in Ohio. So, you would have to spend $222,000 to build a 2,000-square-foot home in Ohio. These costs will vary depending on location, property type, labor expenses, material costs, etc.

  • What percentage do most general contractors charge?
    • Between 15% and 20%

      How much does it cost to hire an independent general contractor? A general contractor typically charges between 15% and 20% of the overall cost of the project. Since projects can vary dramatically in price, this means a contractor's fees can range from a few hundred dollars to tens of thousands of dollars.

  • How much do builders make per house Canada?
    • Canadian Home Builders Have Also Seen Profits Climb

      The average builder margin in 2019 (12.9%) was higher than in 2020 (12.5%), as a brief market cooldown paused demand. The average profit made up for the margin compression by climbing to 13.2% in 2021.

  • How much do construction jobs pay in Canada?
    • Find out what the average Construction salary is

      The average construction salary in Canada is $45,755 per year or $23.46 per hour. Entry-level positions start at $35,111 per year, while most experienced workers make up to $78,048 per year.

  • How profitable is construction business in Canada?
    • The Canadian construction market size was $349.1 billion in 2022. The market is projected to achieve an AAGR of more than 1% during 2024-2027. The forecast period growth will be supported by the developments in the energy, commercial, residential, and education sectors.

  • Does construction pay well in Canada?
    • Find out what the average Construction salary is

      How much does a Construction make in Canada? The average construction salary in Canada is $45,822 per year or $23.50 per hour. Entry-level positions start at $36,075 per year, while most experienced workers make up to $78,021 per year.

  • How much do builders earn in USA?
    • Builder Salary

      Annual SalaryWeekly Pay
      Top Earners$64,000$1,230
      75th Percentile$50,000$961
      Average$43,563$837
      25th Percentile$33,500$644
  • How much construction workers make in NYC?
    • As of Oct 28, 2023, the average hourly pay for a Construction Worker in New York is $28.08 an hour. While ZipRecruiter is seeing salaries as high as $40.29 and as low as $12.98, the majority of Construction Worker salaries currently range between $18.65 (25th percentile) to $24.86 (75th percentile) in New York.

  • How much does a qualified builder earn in Australia?
    • Find out what the average Builder salary is

      The average builder salary in Australia is $105,214 per year or $53.96 per hour. Entry-level positions start at $79,661 per year, while most experienced workers make up to $165,000 per year.

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