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

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

MetricNew Single-FamilyElectrical Contractors
Average Revenue$766K$2.7M
Profit Margin7.0%7.0%
Est. Owner Income$54K$189K
Revenue / Employee$200K$230K
Labor Cost %30.0%30.0%
Total Businesses57,79777,550
Startup Cost (Low)$50K$15K
Startup Cost (High)$250K$75K
5-Year Survival Rate50.0%58.0%
YoY Growth7.0%7.0%
Avg Employee Wage$78KN/A