Electrical Contractors and Other Wiring Installation Contractors vs New Single-Family Housing Construction (except For-Sale Builders)

Side-by-side revenue comparison of these two business types.

MetricElectrical ContractorsNew Single-Family
Average Revenue$2.7M$766K
Profit Margin7.0%7.0%
Est. Owner Income$189K$54K
Revenue / Employee$230K$200K
Labor Cost %30.0%30.0%
Total Businesses77,55057,797
Startup Cost (Low)$15K$50K
Startup Cost (High)$75K$250K
5-Year Survival Rate58.0%50.0%
YoY Growth7.0%7.0%
Avg Employee WageN/A$78K