The number of residential remodelers in the U.S. hit a record high of 128,187 in 2022, 65% more than the 77,455 residential builders, according to new Census Bureau data. Remodelers have seen much faster growth than builders, rising 25% from 2017 to 2022 and 73% since 2007, while the builder count grew 12% and fell 21% over the same periods. Remodelers made up 62% of all residential construction businesses in 2022, continuing a trend that began after builders last held the majority in 2007.
Residential Remodelers Outnumber Single-family Builders in the U.S.
