The National Association of Home Builders (NAHB) conducts an annual member census to better understand the composition and characteristics of the people who belong to its organization.  In 2024, 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 industry and professions, such as trade contractors, manufacturers, retailers/distributors, designers, and architects. Number of Housing Starts in 2024 The typical builder runs a small business. The median number of homes started by NAHB builders in 2024 was six.  This figure has remained unchanged since 2021.  Ten percent started one unit, 21% (the plurality) started two or three units, 11% started four or four units, 14% started six to ten, 13% started 11 to 25, 12% started 26 to 99, 7% started 100 to 499, and 4% started 500 homes or more.  Eight percent indicated that they did not start any homes in 2024. Median Revenue of Builder Members in 2024 Most builders earned less than $5 million in total revenue in 2024: 13% reported a dollar volume of less than $500,000, 12% reported between $500,000 and $999,999, 35% (plurality) between $1.0 and $4.9 million, 15% between $5.0 and $9.9 million, 7% between $10.0 million and $14.9 million, and 16% reported $15.0 million or more. The median revenue edged up to $3.7 million, up 8% from 2023.  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 2024 The typical builder member had six employees on payroll in 2024, unchanged from 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 2024 NAHB Builder Member Census, including a profile for each of the seven major categories of builder, please see the August 2025 Special Study. Discover more from Eye On Housing Subscribe to get the latest posts sent to your email.