National Association of Home Builders Economic Research Blog

Who Are NAHB’s Builder Members?

The National Association of Home Builders (NAHB) conducts an annual census to better understand the composition and characteristics of its members.  In 2025, 35% of NAHB’s membership was comprised of builder members—single-family and multifamily builders, residential and commercial remodelers, commercial builders, land developers, and manufacturers of modular/panelized/log homes.  The remaining 65% were associate members—those involved in support industries and professions, such as trade contractors, manufacturers, retailers/distributors, designers, and architects.

Among builder members, 62% are single-family home builders, 21% are residential remodelers, 5% each are commercial builders, land developers, and multifamily builders, and 1% each are commercial remodelers and manufacturers of modular/panelized/log homes.

Number of Housing Starts in 2025

The typical NAHB builder member is not a large company, but rather a small business. Builder members started a median of five housing units in 2025. That figure has fluctuated narrowly between five and six units since 2013. A plurality of 21% started two or three homes, 10% started one, 15% started four or five, 13% started six to ten, 13% started 11 to 25, 11% started 26 to 99, 8% started 100 to 499, and 3% started 500 homes or more.  About 7% did not start any homes at all in 2025.

Median Revenue of Builder Members in 2025

Most builders earned less than $5 million in total revenue in 2025: 14% reported a dollar volume of less than $500,000, 11% reported between $500,000 and $999,999, 38% (the plurality) between $1.0 and $4.9 million, 14% between $5.0 and $9.9 million, 7% between $10.0 million and $14.9 million, 10% between $15.0 million and $45.0 million, and 7% reported their dollar volume at more than $45.0 million. The median revenue remained unchanged from the previous year, at $3.7 million.  For comparison, the Small Business Administration’s size standards classify residential builders and remodelers as small if they have average annual receipts of $45.0 million or less ($34.0 million or less for land developers).

Median Number of Employees in 2025

The typical builder member had six employees on payroll in 2025, unchanged since 2023.  Due to their status as small businesses and extensive use of subcontractors, many builders carry relatively few employees on their payrolls. 

For more detail on the 2025 NAHB Builder Member Census, including a profile for each of the seven major categories of builders, please see the September 2026 Special Study.

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