Some people consider their strengths and interests when choosing a career. Suppose you have strong attention to detail and enjoy working on computers. You might opt to become an information security analyst. However, if you have strong attention to detail, physical stamina, and enjoy working outside, you might become a roofer.
Your career will determine your income level. As of 2020, the U.S. Bureau of Labor Statistics (BLS) reported that the median annual income for all occupations in the United States was $41,950. People earning higher salaries typically have more disposable income for luxuries. Let’s explore how much roofers make and what kind of lifestyle most roofers can afford.
How does your income level affect your lifestyle?
People need income to make purchases. The higher your income levels, the more you can afford. Typically, most of your take-home income goes towards essential expenses, such as your mortgage or rent, car payments, phone bills, and groceries. What’s left after your essential expenses are covered is your disposable income. This refers to the amount of money you have to spend on things you want instead of necessities.
Purchasing a designer watch such as a pre-owned Rolex Submariner Date 16610, for example, typically costs thousands. While a roofing laborer may not be able to afford such luxuries, roofing contractors who own their own businesses could establish enough income to support a lavish lifestyle. Additionally, many apprentices and laborers eventually go on to build their own companies and increase their assets which allow them to spend their money beyond essential bills and groceries.
What do roofing experts do?
Companies specializing in roofing in Melbourne, Florida, perform roof repairs, roof inspections, and install new roofs. Expert roofing companies work with residential and business clients and address their roofing needs. Free pre-storm inspections help area residents prepare for hurricanes, and experts provide free estimates for property owners with damaged roofs. Roofing contractors provide quality workmanship every step of the way. Whether property owners opt for asphalt shingles or metal roofs, they can be confident in the quality of the work when hiring roofing professionals with years of experience.
How much do roofing experts earn?
The median annual salary for roofing contractors was $43,580 as of May 2020. Roofing experts earn only a few thousand more than the median annual income for all professions. The exact income for roofing experts does vary based on their location, however. The BLS reports roofing experts in the top 10 percent of earners took home average annual wages of $72,100. The BLS determined roofing experts in New York, New Jersey, and Washington earned the highest salaries. These states saw average roofing expert wages reach $66,400, $63,460, and $62,280 in May 2020. The highest-paying cities included Santa Rosa, California, where roofing experts took home median incomes of $71,520 the same year.
The local cost of living will impact a roofing contractor’s lifestyle.
Cost of living impacts an individual’s lifestyle. The BLS reported that roofing experts took home median annual incomes of over $71,500 in 2020, while the U.S. Census Bureau reported the median household income in Santa Rose was $75,630 in 2019. This means that the average Santa Rosa roof installer’s income matched the median household income on its own.
By contrast, the BLS reports the annual mean wage for roofing experts in Florida was $36,500 in 2020, while the 2019 median household income in Melbourne, FL was $48,673. This means roofing experts in Santa Rosa enjoyed a higher standard of living than those in Melbourne because the Santa Rosa roofing professionals were closer to the median household income level.
Most roofing experts earn slightly more than the median annual income for all occupations. This means they’ll enjoy an average lifestyle, although their location and whether they have a working partner will also affect their income level and lifestyle.