New Multifamily Housing Construction (except For-Sale Builders) vs Electrical Contractors and Other Wiring Installation Contractors
Side-by-side revenue comparison of these two business types.
| Metric | New Multifamily | Electrical Contractors |
|---|---|---|
| Average Revenue | $4.4M | $2.7M |
| Profit Margin | 7.0% | 7.0% |
| Est. Owner Income | $307K | $189K |
| Revenue / Employee | $321K | $230K |
| Labor Cost % | 30.0% | 30.0% |
| Total Businesses | 3,481 | 77,550 |
| Startup Cost (Low) | $25K | $15K |
| Startup Cost (High) | $150K | $75K |
| 5-Year Survival Rate | 52.0% | 58.0% |
| YoY Growth | 6.0% | 7.0% |
| Avg Employee Wage | $102K | N/A |