The construction industry has a lot to offer for the DIYer who doesn’t mind a little extra cash.
Here are the five things you need to know to get more bang for your buck.
Contractors don’t pay much for a job that takes less than five hours to complete.
That’s because there are no construction contractors to foot the bill.
Contractor jobs pay anywhere from $2,500 to $5,000 per hour.
The most common construction jobs are landscaping, electrical, and plumbing.
Some construction projects can be done in as little as a few hours.
The construction boom has been fueled by the financial crisis.
The jobless rate hit 10.1 percent in January and has remained steady since.
But the construction boom isn’t the only reason for the jobless.
Construction has also become a hot ticket item on many social media sites.
Construction jobs are trending on Pinterest.
Construction contractors make a lot of money.
Some contractors rake in millions of dollars a year in commissions, commissions on work, and profit.
Contracting jobs are also one of the most lucrative industries in the United States, earning more than $100 million a year.
Construction companies pay higher wages than other industries.
Construction contracts are often more than triple the pay for non-construction workers.
That means a construction company may earn more than one-third of what other construction workers make in the same job.
Construction workers have a pay increase of 1.6 percent every year.
Construction firms pay workers less than the federal minimum wage, so contractors who work at or near the poverty level have to live at or around the poverty line.
Most construction jobs pay more than the average worker in the U.S. The average salary for a construction worker in 2016 was $20.84 per hour, according to a survey conducted by the National Association of Realtors.
That average wage, however, includes the bonuses that contractors get for their work.
Construction work is an especially demanding job for men, who typically work longer hours than women.
Men make up about 75 percent of construction workers, but they only make up 15 percent of the workforce overall.
About 60 percent of all construction workers are women.
The vast majority of construction jobs have a low-wage employee who is paid at or below the federal poverty level, which is $16,770 per year for a family of four.
The minimum wage is $7.25 an hour.
Construction employment is growing in both genders and across racial and ethnic groups.
5 Ways to Increase Your Pay: Get the facts on your pay in today’s ABC News Money section.