By 2030, the market size of the roofing industry worldwide will be a little below $160 billion. That’s a lot of revenue for an industry, but not surprisingly, considering the number of roofers has grown by 15% since 2018.
Still, the question remains: how much do roofing contractors make? In this article, we’ll discuss the average salary of roofing contractors, how you can increase your income as a roofer, and how you can use Roofr to drive more leads and revenue to your roofing business.
According to the Bureau of Labor Statistics (BLS), a roofing contractor's average income per hour is $19, which translates to $38,500 in a year. However, this amount can vary, with the highest earners pocketing $29 an hour and the lowest earners pocketing just $11 in an hour.
This variation comes as no surprise in the roofing industry. The reason: experience is key. As with all other professions, the higher the experience level, the higher the salary. After all, roofers who undergo a formal apprenticeship are more highly skilled than those who kickstart their careers as helpers. On average, a helper earns $12 an hour and may find it hard to advance to a high-income earner.
Additionally, the geographical location of a roofing company determines the amount earned by roofing contractors. For instance, roofing contractors in Minnesota pocket $24 an hour while those in Florida take home $16.
Moreover, there are noticeable differences in income when you consider cities in various states. Therefore, the chances of a roofing firm’s economic improvement after moving to high-income earning areas are high and fruitful.
However, roofers should consider the cost and standard of living before considering a move to other geographical regions.
Besides the hourly wages you’ll get as a roofer, this career choice comes with a few advantages.
Roofing is a job that requires roofers to climb on rooftops, enabling them to exercise and stay physically fit. In contrast, many workers doing office jobs that run from 8 a.m. to 5 p.m. find it challenging to get time to exercise.
Since roofing services will always be in need, highly-experienced roofers have an easier time getting new jobs due to high demand.
Roofers can earn more money through a formal apprenticeship that spans three years and involves classwork and on-the-job training. The minimum requirement for this apprenticeship is a high school diploma.
Of course, you’ll also need to be 18 years of age or older. This enables roofers to be highly skilled and climb the career ladder, earning more in return. Note that this type of apprenticeship is only available in designated areas and for certain applications only.
As you may predict, the amount of money a roofer earns depends on their physical location. If a roofer moves to an area with a high income, the chances of pocketing more money are high.
Alternatively, many roofers turn to roofing software to streamline their sales and boost revenue. One of the best roofing software platforms is Roofr, which enables contractors to measure roofs and develop professional proposals in no time.
A roofing contractor is responsible for the following tasks:
Profit is a crucial factor in determining whether a business should continue with its operations. Research shows that a roofing company with the least annual income pockets $35,000, while the ones that earn the most take home $200,000.
Similar to roofing contractors, several factors affect the income earned by roofing company owners. Salary is the first one. If roofers are paid higher-than-average wages, the company's revenue is reduced.
The finances required to obtain roofing materials are another factor, with revenue being reduced if the materials are costly or end up being wasted.
If you’re a roofing contractor, you’ll need tools to help you close deals and convert leads to clients faster. Your best bet is to use Roofr, an all-in-one sales platform for roofers.
Roofr is a complete sales toolbox that provides you with roof reports in under 24 hours. The process is simple.
Roofr is a gamechanger for roofers. But don’t just take our word for it. Our platform has one of the highest ratings on Capterra.
Use our platform to accurately measure roofs, eliminating the risk of loss that comes from measurement errors.
Top contractors also employ Roofr to create quotes in minutes and design job-winning proposals in just a few practical steps. Create eye-catching and professional proposals to win tenders and increase sales.
On top of that, Roofr auto-calculates material and labor costs required for jobs based on measurements, reducing the amount of work you need to do so you can focus on what’s important.
Here, we’ve answered the question, ‘How much do roofing contractors make?’, but once you’ve started your business, you’ll need a way to drive sales and revenue to your company. Roofr is the perfect solution.
Register for Roofr today and watch your business grow!
Ready to grow your roofing business at lightning speed?
Talk to a member of our team today to learn how.
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