Average hourly earnings for residential building workers rose 2.8% year-over-year in September to $40.69, up from a 1.2% annual increase in June, according to the National Association of Home Builders’ analysis of Bureau of Labor Statistics data. Adjusted for inflation, however, real wages fell 0.9% from a year earlier, continuing a decline from a 6.2% real-wage growth peak in 2024.
Comparatively, residential building worker wages remain 9.8% higher than the manufacturing average of $37.06 per hour and 3.6% below mining and logging at $42.23.
The data covers employees of single-family home builders and residential remodelers; it does not include specialty trade contractors.
Read the full report here.
