The Highest Paying Construction Jobs in a Growing Industry
Employment opportunities in the construction industry are growing in number with no sign of slowing down. While the industry suffered considerable setbacks in 2020 when the pandemic began, total construction spending recovered and peaked at $1.57 trillion in July 2021, (12% higher than 2019 average levels). Residential remodels and new builds were a big reason for the growth in 2021 and are expected to continue in 2022. The infrastructure bill, signed by President Biden in November 2021, will provide billions in funding for infrastructure projects within the next decade, as well. For construction companies, or individuals seeking construction jobs, this is good news. A variety of opportunities can mean a big income boost for construction professionals ready to get back to work.
If you're considering a job in the construction industry or are seeking a way to increase your earning potential in your existing company, it can be difficult to decide where to concentrate your efforts. Besides looking into what types of construction work are readily available in your area, it's a good idea to consider the average pay rate for different roles in construction. Whether they're in the residential sector, commercial sector, or government-funded infrastructure, large construction projects often require multiple construction contractors and subcontractors with various specialties. By considering the different wages provided for certain specialties, industry professionals can not only take advantage of new opportunities but also reap the benefits of higher pay. According to average 2020 yearly salaries, this list includes the 10 highest-paying construction jobs in the United States.
Elevator and escalator installers are responsible for the installation and repair of elevators, escalators, moving walkways, and chair lifts in multi-story buildings. This profession will require you to work in small, enclosed, spaces, and may require you to have a license. The median salary for these professionals is $88,000.
Pile Driver Operator
These machine operators operate pile drivers mounted on skids, barges, crawler treads, or locomotive cranes to drive pilings for retaining walls and foundations of structures. These supports are crucial to the success of the project as well as the safety of workers. The median annual salary for pile-driver operators is around $63,00 a year.
Full-time electricians must undergo educational training to safely complete the requirements of this position. A state license is required. Electricians design electrical and lighting systems for buildings, outdoor structures, street lights, and more. Tasks include the planning and installation of electrical systems in new structures and the replacement of old wiring in buildings that aren't up to code. The growth rate for this position in the coming decade is expected to be around 8%, which is double that of other positions. The median annual salary for electricians in the U.S. is $56,900.
This is a job that requires several years of work experience, so it's not for industry newbies. Most states will also require you to get a license as well. Building and construction inspectors monitor construction projects to make sure buildings and other structures are up to code. The median salary for inspectors is almost $63,000.
Specialty contractors that complete masonry, stonework, tile setting, and plastering take care of finishing touches that provide a professional appearance. Job titles may include brick masons, block masons, cement masons, or other building materials joined with mortar or plaster. The median salary for masons is within the range of $45,000 - $50,000 per year.
Most structures require plumbing. The plumber's role begins in the design phase where they plan where fixtures and internal pipe systems should be located in the structure. When the time arrives, plumbers install pipes and fixtures for systems that transport water, gas, or other materials through houses and other buildings. The median annual salary for plumbers is $56,330.
Iron and Steel Workers
Ironworkers install structural and reinforcing iron or steel beams that support buildings, bridges, and roads. The construction of large products such as high-rise buildings and infrastructure projects or replacements. This job is risky since it requires heavy metal beams and often working high above the ground. The median yearly salary for iron and steel workers is over $53,000.
This high-precision job requires professionals to put together and maintain boilers, closed vats, and other large vessels or containers that hold liquids and gases. Boilermakers work at construction sites and may be required to travel. The work is physically demanding and workers may be exposed to dangerous fumes. The median pay for boilermakers is $65,350.
Sheet Metal Workers
Most buildings require sheet metal for ducts and other structural systems. Sheet metal workers make and install products constructed from thin metal sheets composed of steel, aluminum, and alloyed metals. This may include heating and cooling ducts, outdoor pipes, gutters, and flashing. Other uses include roofing and siding work. The median salary for sheet metal workers is $51,370.
Front Line Supervisors
General contractors, front-line supervisors, and on-site construction supervisors are all titles that describe the leaders who actively coordinate and direct the work at construction or extraction sites. They are responsible for planning and preparing the day's work, so everything runs smoothly. The median annual salary for front-line supervisors in construction is $67,840.
Like many other professions, the reasons for high pay in construction jobs can involve education and certification requirements. However, some construction jobs with high pay are related to the risk level involved. Choosing a specialty in the construction industry takes careful consideration and a willingness to learn detailed tasks.
Construction professionals and companies that specialize in high-paying roles can advertise these professions to stand out from the competition. By learning new skills and communicating these skills, your company will be eligible for more opportunities and expand your reach in your local area. The construction industry is rapidly growing and changing. These changes create an exciting time for seasoned professionals and new recruits interested in construction. Visit the Flashtract blog to learn more about construction technology, professions in the industry, and paperwork and processes used for every construction project.