New Housing For-Sale Builders — Average Employee Salary
The average employee in the new housing for-sale builders industry earns $122,394 per year ($58.84/hour), according to Bureau of Labor Statistics QCEW data.
What Do New Housing For-Sale Builders Workers Earn?
At $122,394/year (equivalent to $58.84/hour for a full-time worker), new housing for-sale builders wages are significantly above the national average of ~$65,000.
Higher wages in this industry typically reflect specialized skills, professional certifications, or technical expertise required for the work. Employers competing for talent in this space face elevated labor costs.
The typical new housing for-sale builders business employs 10 people. These are mid-sized operations where payroll is a significant but manageable expense.
Wages as a Percentage of Revenue
For the average new housing for-sale builders business generating $3.7M/year with 10 employees at $122,394 each, total payroll represents roughly 32.8% of revenue. Labor is a significant cost but leaves room for other expenses and profit.
What This Means for Business Owners
If you're starting or running a new housing for-sale buildersbusiness, here's what the wage data means for your bottom line:
- Per-employee cost: Budget approximately $159,112/year per employee (salary + ~30% for benefits, taxes, and insurance).
- Typical team size: 10 employees = ~$1,223,940/year in base payroll.
- Hourly equivalent: $58.84/hour base — factor this into pricing and project estimates.
- Revenue needed: With average revenue of $3.7M/business, you need strong utilization rates to maintain healthy margins after payroll.
See how these wages compare to total revenue and profit margins.
View full New Housing For-Sale Builders revenue benchmarks →Frequently Asked Questions
- How much do new housing for-sale builders employees make?
- The average new housing for-sale builders employee earns $122,394 per year, which is equivalent to $58.84/hour for a full-time worker (2,080 hours/year). This is above the national average of approximately $65,000.
- How many people work in the new housing for-sale builders industry?
- The new housing for-sale builders industry employs 53,615 workers across 5,340 establishments in the United States. The average business in this industry has approximately 10 employees.
Source: Bureau of Labor Statistics, Quarterly Census of Employment and Wages (QCEW 2023).