A Snapshot Of NAHB’s Remodeler Members

This article was originally published on Sept. 4, 2024 in Pro Remodeler. 

Each year, the National Association of Home Builders conducts a census of its members, and the 2023 results are now available. 

The census found that 21% of NAHB members report residential remodeling as their primary business activity, and another 1% report commercial remodeling as their primary activity.

The median dollar volume for residential remodelers was $1.8 million, and the median for commercial was $1.9 million. 

The NAHB census also asked builder members, who are primarily or secondarily residential remodelers, about the number of remodeling jobs above $10,000 they completed in 2023. On average, builder members involved in residential remodeling completed 20 jobs in the $10,000-plus range in 2023, and the median number was seven jobs in that range.

The responses show that a plurality of 39% completed 1 to 5 jobs of this size, 16% did 6 to 10, 22% did 11 to 25, 15% did 26 to 99, and 3% completed 100 or more jobs costing more than $10,000.

These numbers are significantly higher among members only engaged in residential remodeling as a primary activity: Such companies completed an average of 32 jobs and a median of 15 jobs worth more than $10,000 in 2023.

Among NAHB members whose primary business is residential remodeling, the median number of employees was five, the same number for members whose primary business is single-family home building. The median number of employees among commercial remodelers was eight.

The median age of NAHB’s residential remodeler members was 56, the same as the median age of the typical single-family builder member. 

Roughly 11% of residential remodeler members are women. Of the members who are commercial remodelers, 19% are women—by far the highest female share for any of the seven major categories of NAHB builder members.