What are the Highest Paid Occupations in Construction?
Half of payroll workers in construction earn more than $58,500 and the top 25% make at least $79,450, according to the latest May 2023 Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) and analysis by NAHB.
In comparison, the U.S. median wage is $48,060, while the top 25% makes at least $76,980.
The OEWS publishes wages for almost 400 occupations in construction. Out of these, only 46 are construction trades. The other industry workers are in finance, sales, administration and other offsite activities.
The highest paid occupation in construction is chief executive officer (CEO), with half of CEOs making over $172,000 per year. Lawyers working in construction are next on the list with a median annual salary of $166,450, and the top 25% highest paid lawyers making over $221,220. Out of the next 10 highest paid trades in construction, eight are various managers.
Among construction trades, elevator installers and repairers top the list, with half of them earning over $103,340 a year, and the top 25% making at least $129,090. First-line supervisors of construction trades are next on the list with median salaries of $76,960, with the top 25% highest paid supervisors earning more than $97,500.
Learn more about the breakdown among different construction trades in this Eye on Housing post from Natalia Siniavskaia, NAHB assistant vice president for housing policy research.
Latest from NAHBNow
Jun 10, 2025
NAHB Urges HUD Secretary to Keep and Fully Fund Key Housing ProgramsNAHB sent a letter to Housing and Urban Development (HUD) Secretary Scott Turner on June 4 underscoring the important role that HUD’s rental assistance and new construction programs play in making housing opportunities available for low-to moderate-income Americans.
Jun 10, 2025
New Study Reveals Significant Economic Impact of Housing Industry Labor ShortageA landmark study released today from the Home Builders Institute (HBI), in collaboration with NAHB, examines the economic impact of the skilled labor shortage for the single-family home building sector. The findings indicate that the skilled labor shortage’s impact on the residential construction industry is a multibillion-dollar annual challenge that is responsible for the lost production of thousands of newly built homes.
Latest Economic News
Jun 10, 2025
House Price Appreciation by State and Metro Area: First Quarter 2025House price growth slowed in the first quarter of 2025, partly due to a decline in demand and an increase in supply. Persistent high mortgage rates and increased inventory combined to ease upward pressure on house prices. These factors signaled a cooling market, following rapid gains seen in previous years.
Jun 09, 2025
AI’s Role in Reshaping Employment: From Theory to Home Building Sector ImpactsThe rapid rise of artificial intelligence (AI), particularly machine learning and generative AI (GenAI), is reshaping industries, creating new economic opportunities, and raising critical questions about its long-term impact on jobs and economic growth.
Jun 06, 2025
U.S. Economy Added 139,000 Jobs in MayDespite ongoing economic and policy uncertainty, the labor market remains resilient, though early signs of softening are beginning to emerge. Job growth moderated in May, and employment figures for March and April were notably revised downward. The unemployment rate remained at 4.2%.