Employment opportunities in the construction industry are on the rise, with no signs of slowing down. In 2023 the industry hit a historic high of 8 million workers, surpassing the previous peak of 7.7 million in 2006.
The U.S. Bureau of Labor Statistics projects a 4.7% growth in construction employment from 2023-2033, outpacing the 4.0% average projected for all industries. This growth is fueled by increased residential building and major investments from the Infrastructure Investment and Jobs Act, signed in November 2021, which provides billions in funding for infrastructure projects over the next decade.
For construction companies and job seekers alike, this means a wealth of opportunities and the potential for strong income growth, especially considering that as of May 2023 the median annual salary for construction workers was $55,680, higher than the overall median wage of $48,060.
If you're considering a job in the construction industry or are seeking a way to increase your earning potential in your existing company, it can be difficult to decide where to concentrate your efforts. Besides looking into what types of construction work are readily available in your area, it's a good idea to consider the average pay rate for different roles in construction. Whether they're in the residential sector, commercial sector, or government-funded infrastructure, large construction projects often require multiple construction contractors and subcontractors with various specialties. By considering the different wages provided for certain specialties, industry professionals can not only take advantage of new opportunities but also reap the benefits of higher pay.
According to average 2023 yearly salaries, this list includes the 10 highest-paying construction jobs in the United States.
Elevator installers & repairers
Elevator and escalator installers are responsible for the installation and repair of elevators, escalators, moving walkways, and chair lifts in multi-story buildings. This profession will require you to work in small, enclosed spaces, and may require you to have a license. The median salary for these professionals is $102,420.
Boilermakers
This high-precision job requires professionals to put together and maintain boilers, closed vats, and other large vessels or containers that hold liquids and gases. Boilermakers work at construction sites and may be required to travel. The work is physically demanding and workers may be exposed to dangerous fumes. The median pay for boilermakers is $71,140.
Construction & building inspector
This is a job that requires several years of work experience, so it's not for industry newbies. Most states will also require you to get a license as well. Building and construction inspectors monitor construction projects to make sure buildings and other structures are up to code. The median salary for inspectors is almost $67,700.
Electrician
Full-time electricians must undergo educational training to safely complete the requirements of this position. A state license is required. Electricians design electrical and lighting systems for buildings, outdoor structures, street lights, and more. Tasks include the planning and installation of electrical systems in new structures and the replacement of old wiring in buildings that aren't up to code. The growth rate for this position in the coming decade is expected to be around 8%, which is double that of other positions. The median annual salary for electricians in the U.S. is $61,590.
Plumbers, pipefitters & steamfitters
Most structures require plumbing. The plumber's role begins in the design phase where they plan where fixtures and internal pipe systems should be located in the structure. When the time arrives, plumbers install pipes and fixtures for systems that transport water, gas, or other materials through houses and other buildings. The median annual salary for plumbers is $61,550.
Ironworkers
Ironworkers install structural and reinforcing iron or steel beams that support buildings, bridges, and roads. The construction of large products such as high-rise buildings and infrastructure projects or replacements. This job is risky since it requires heavy metal beams and often working high above the ground. The median yearly salary for iron and steel workers is over $60,780.
Sheet metal workers
Most buildings require sheet metal for ducts and other structural systems. Sheet metal workers make and install products constructed from thin metal sheets composed of steel, aluminum, and alloyed metals. This may include heating and cooling ducts, outdoor pipes, gutters, and flashing. Other uses include roofing and siding work. The median salary for sheet metal workers is $58,780.
Drywall installers, ceiling installers & tapers
Most buildings require smooth walls and finished ceilings. Drywall installers hang wallboard to form interior walls, while ceiling installers place ceiling tiles. Tapers follow behind, sealing joints and smoothing surfaces to prepare them for painting. Together they help create the clean, finished look of most interior spaces. The median salary for drywall installers, ceiling installers and tapers is $57,010.
Carpenters
Carpenters build, install and repair structures made from wood and other materials. They create the frameworks for buildings, including walls, floors and door frames. Carpenters also install cabinets, stairways and other fixtures, playing a key role in both the structure and finish of homes and other buildings. The median salary for a carpenter is $56,350.
Construction equipment operators
Construction equipment operators run the heavy machinery needed to build roads, buildings and other structures. They drive, maneuver and control equipment such as bulldozers, excavators and cranes. Their work is essential for moving earth, lifting materials and shaping the land to prepare for construction projects. The median salary for a construction equipment operator is $55,270.
Like many other professions, the reasons for a role being the highest paying construction job can involve education and certification requirements. However, some construction jobs with high pay are related to the risk level involved. Choosing a specialty in the construction industry takes careful consideration and a willingness to learn detailed tasks.
Construction professionals and companies that specialize in high-paying roles can advertise these professions to stand out from the competition. By learning new skills and communicating these skills, your company will be eligible for more opportunities and expand your reach in your local area. The construction industry is rapidly growing and changing. These changes create an exciting time for seasoned professionals and new recruits interested in construction. Explore more articles in the Constructible Construction blog to learn about trending construction technology, professions in the industry, and construction paperwork and processes used for every project.
