Nahb iconNahbSep 11, 2026 ~2 min source read

NAHB Census: Median Builder Revenue Holds at $3.7M in 2025

The National Association of Home Builders’ 2025 member census finds median builder revenue unchanged from 2024, with typical builder operations remaining small in units started and payroll size.

Median Revenue Flat for NAHB Builder Members in 2025

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Median revenue for NAHB Builder members was unchanged in 2025 at $3.7 million.

Nearly 38% of Builder members reported total revenue between $1 million and $5 million.

Typical Builder member started a median of five housing units in 2025 and had six employees on payroll.

# What the 2025 NAHB Builder Member Census shows

Nearly two-fifths of Builder members (38%) reported total revenue in the $1 million to $5 million range in 2025. The census paints a picture of an industry where many businesses operate at modest scale and rely heavily on subcontracting rather than large payrolls.

# Business scale and activity

The typical Builder member started a median of five housing units in 2025. That median has moved narrowly between five and six units since 2013, indicating relative stability in the number of starts among NAHB Builder members.

Payroll size is small for most Builder members: the median number of employees on payroll was six. The census notes many builders rely extensively on subcontractors, which explains smaller payroll counts compared with other small businesses.

# Membership composition

In 2025, Builder members accounted for 35% of NAHB's total membership. Those Builder members include single-family and multifamily builders, residential and commercial remodelers, commercial builders, land developers, and manufacturers of modular or log homes.

Among Builder members, 62% listed single-family home building as their primary business activity. The remainder of NAHB's membership—65% of the total—were Associate members, representing support industries and professions such as trade contractors, manufacturers, retailers/distributors, designers, and architects.

# Where to get more detail

NAHB produced a special study titled Who Are NAHB's Builder Members in 2025 that provides profiles for each of the seven major builder categories covered by the census. The census is an annual effort intended to clarify the composition and characteristics of NAHB's membership.

# What this means for readers

  • Expect a large share of NAHB Builder members to operate as small firms by revenue, starts, and payroll.
  • Reliance on subcontractors remains common, which affects workforce metrics and potentially cost structures.
  • Single-family building remains the dominant primary activity among Builder members.

For people tracking builder scale, capacity, or supply-chain implications, the census offers a straightforward baseline: median revenue flat at $3.7 million, median starts at five units, and median payroll at six employees.

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