Number of Residential Remodelers Businesses in the US (2000–2023)
As of 2023
174,642
residential remodelers businesses in the United States
Number of Firms Over Time
Total Employment Over Time
Key Insights
- •The residential remodelers industry has grown 31% since 2000 (from 133,310 to 174,642 firms).
- •The peak year was 2023 with 174,642 firms.
- •Recent trend (last 5 years): the industry is growing (+17.1%).
- •Employment: 923,609 workers in 2023 (21.7% change since 2000).
- •Estimated 5-year survival rate: 46%.
Year-by-Year Data
| Year | Firms | Establishments | Employment | Entry Rate | Exit Rate | Net Growth |
|---|---|---|---|---|---|---|
| 2023 | 174,642 | 176,779 | 923,609 | 17.3% | 14.5% | +3.5% |
| 2022 | 169,958 | 171,940 | 887,328 | 19.5% | 13.8% | +8.0% |
| 2021 | 162,731 | 164,518 | 827,626 | 19.4% | 14.1% | +5.1% |
| 2020 | 152,804 | 154,483 | 785,008 | 17.8% | 15.1% | +4.0% |
| 2019 | 149,139 | 150,675 | 756,721 | 18.4% | 14.2% | +4.9% |
| 2018 | 143,508 | 144,897 | 725,383 | 18.4% | 13.8% | +6.4% |
| 2017 | 136,580 | 137,943 | 679,912 | 17.9% | 14.2% | +4.5% |
| 2016 | 133,280 | 134,629 | 661,516 | 18.4% | 13.8% | +6.2% |
| 2015 | 130,570 | 131,944 | 641,012 | 18.5% | 14.3% | +7.7% |
| 2014 | 125,672 | 126,935 | 596,314 | 18.9% | 15.6% | +7.7% |
Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.