2025 New Multifamily Housing Construction Industry Report

Industry Overview

This U.S. industry comprises general contractor establishments primarily responsible for the construction of new multifamily residential housing units (e.g., high-rise, garden, town house apartments, and condominiums where each unit is not separated from its neighbors by a ground-to-roof wall). Multifamily design-build firms and multifamily housing construction management firms acting as general contractors are included in this industry.
Source: U.S. Census Bureau

Market Size and Industry Forecast

The New Multifamily Housing Construction industry report contains historical and forecasted statistics used by leading private equity firms and consultants. Market sizes from 2020 to 2030 reflect industry trends and growth patterns. Revenues include both public and private companies in the New Multifamily Housing Construction industry.

	Historical					Forecasted
	2020	2021	2022	2023	2024	2025	2026	2027	2028	2029	2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company

Source: U.S. government financial data



Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for New Multifamily Housing Construction companies in the United States.

Distribution by Company Size

Company Size	All Industries	New Multifamily Housing Construction
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

New Multifamily Housing Construction Industry Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:

• Cost of goods sold
• Compensation of officers
• Salaries and wages
• Employee benefit programs
• Rent paid
• Advertising and marketing budgets

The report includes a traditional income statement from an "average" company (both public and private companies included).

	Industry Average	Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial Ratio	Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

New Multifamily Housing Construction Industry Compensation and Salary Surveys

Title	Percent of Workforce	Bottom Quartile	Average (Median) Salary	Upper Quartile
Management Occupations	10%
Chief Executives	0%
General and Operations Managers	3%
Other Management Occupations	6%
Construction Managers	6%
Construction Managers	6%
Office and Administrative Support Occupations	13%
Construction and Extraction Occupations	63%
Supervisors of Construction and Extraction Workers	9%
First-Line Supervisors of Construction Trades and Extraction Workers	9%
First-Line Supervisors of Construction Trades and Extraction Workers	9%
Construction Trades Workers	52%
Carpenters	28%
Carpenters	28%
Construction Laborers	16%
Construction Laborers	16%

Government Contracts

The federal government spent an annual total of $59,953,762 on the new multifamily housing construction industry. It has awarded 39 contracts to 16 companies, with an average value of $3,747,110 per company.

Top Companies in New Multifamily Housing Construction and Adjacent Industries

Company	Address	Revenue ($ Millions)