The Best Paying Construction Jobs in Homebuilding

The construction industry is currently facing a skilled labor shortage. According to a survey conducted by Autodesk and the Associated General Contractors of America (AGC), 80% of construction firms report having a hard time filling hourly craft positions.

In attempts to remedy the situation, contractors have started looking for ways to elevate the construction job opportunities they provide.

Best Paying Construction Jobs 2024

According to the Bureau of Labor Statistics (BLS), the construction industry is slated to experience significant job growth between 2016 and 2026 as compared to the national average. Check out the list below to learn more about the fastest-growing careers with the highest earning potential.

Construction Manager

Construction management is considered one of the most well-paid areas of the industry. The BLS reports individuals in this field earn an annual median pay of $95,260 per year or $45.80 per hour. Construction managers are responsible for planning and overseeing all construction activities.

The job description also includes budgeting, scheduling, and ensuring the project stays on track to meet its deadline.

To become a construction manager, you must have several years of experience in the industry along with qualifying college credentials. Learn more about NEIT’s Bachelor’s Degree in Construction Management today.

Civil Engineer

Civil engineers design, construct and maintain large construction projects. They may work on residential complexes and build roads, airports, tunnels, dams, bridges, and even systems designed to manage water supply and sewage treatment. They typically split their time between the office and the project site.

Estimated salary: $87,060

Elevator Installer & Repairers

Elevator installers and repairers work on elevators, escalators, moving walkways, and chair lifts. They must make sure this kind of equipment is working correctly and up to code. If you don’t do well in small spaces, this career path might not be for you.

Elevator installers typically work in enclosed areas, like crawl spaces, machine rooms, and elevator shafts.

Estimated salary: $84,990

Boilermaker

Boilermakers install and repair boilers, vats, and other large containers holding liquid or gas. They must also test and inspect the machines for proper performance. Other duties include cleaning the equipment as well as repairing and replacing components.

Boilermakers can often find work at construction sites though some projects may require them to travel for extended periods. Though the position pays well, opportunities remain limited. According to the Bureau of Labor Statistics, job growth will hover around just 1% over the next ten years.

Estimated salary: $63,100

Building Inspector

Construction workers and building inspectors examine new construction to ensure they meet all local and national building codes. Construction inspectors also keep an eye out for zoning regulations and contract specifications.

They submit all findings to stakeholders and regulatory agencies once completed. Because the job requires several years of experience and licenses, it is not a great fit for someone new to the field.

Estimated salary: $60,710

Electrician

Electricians install and repair electrical, communications, lighting, and control systems in residential and commercial buildings. The job description also includes rewiring equipment, inspecting electrical components for safety, installing wiring and lighting, and troubleshooting electrical problems.

Many electricians start in an apprenticeship program and work their way up from there.

Break into the construction field by gaining your education. Learn more about NEIT’s Associate Degree in Electrical Technology today.

Estimated salary: $56,180

Pipefitter

Plumbers, pipefitters, and steamfitters install and repair pipe systems for heating and cooling systems and electrical generation. Some individuals find their way into the profession through an apprenticeship program, though many prefer to receive formal training from trade schools or vocational schools.

Estimated salary: $55,160

Sheet Metal Worker

Sheet metal workers construct, assemble, and install sheet metals, including roofs and walls on residential buildings. They may also work in the industrial and commercial sector, working on restaurant equipment, signs, handrails, cars and trucks, and column wraps.

Estimated salary: $50,400

Carpenter

Carpenters account for one of the most versatile construction jobs out there. These individuals install and repair structures and fixtures from wood and other materials. They are also involved with other aspects of the construction project like reading blueprints, speaking with clients, and relaying supervisors’ instructions.

Estimated salary: $48,330

Construction Equipment Operator

Construction equipment operators have received specialty training in using heavy equipment. Specialties may vary from crane operators, excavators, steam rollers, and other machines often spotted across project sites.

Estimated salary: $48,160

Ceiling Tile Installer

Ceiling tile installers measure, cut, and apply drywall, acoustic tiles, or sheets of shock-absorbing materials to ceilings inside buildings. They may also be involved in creating design plans, ensuring all tiles are accurate sizes, and applying a sealant after installation to ensure tiles are securely in place. 

Estimated salary: $47,360

Glazier

Glaziers specialize in installing any product on a construction site that involves glass. They also measure, cut, and handle windows, skylights, mirrors, shower doors, window dividers, and display cases. It is considered one of the most physically demanding construction jobs, given the nature of the work.

Estimated salary: $44,630

Construction Worker Requirements

Given the demand for skilled workers, individuals can look to the construction industry for jobs boasting high levels of job security and generous salaries. The job market is expanding, with a number of new construction jobs now available.

While it is possible to break into the field with just a high school diploma or equivalent, formal training from a trade or vocational school can put you ahead of the competition. Some hands-on experience will also help you navigate power tools, reinforcement rods, and other construction equipment more safely.

Remember, jobs in construction can be dangerous. It’s helpful to know what to look out for before arriving on site.

Being physically fit and a faster learner are also essential qualities for construction workers to possess. Being able to follow plans, work well as a team and take instructions from your supervisors are additional keys to success.

Conclusion

The training programs offered at the New England Institute of Technology can help you land some of the highest-paying jobs in construction.

Our hands-on curriculum will introduce you to the concepts of design, building systems, components, engineering, and construction practices of Construction Management while expanding your problem-solving, critical thinking, and management skills.

FAQ

What is the highest paid job in the construction industry?

Construction managers, civil engineers, and elevator installers remain some of the highest-paying construction jobs available. According to the Bureau of Labor Statistics, each of these positions comes with an annual salary of over $80,000.

What is the most profitable trade in construction?

Some of the most popular trades include plumbing, masonry, carpentry. These trades provide access to some of the best construction jobs today.

What kinds of jobs are in construction?

Construction occupations cover a wide breadth, from building inspectors, contractors, masonry workers, elevator repairers, and more.