Plumbing Industry Statistics: Key Insights for 2024

Sep 11, 2024 | Blog | 0 comments

2024 Plumbing Statistics by Pride Plumbing, LLC in Summerville, SC

At Pride Plumbing, we believe in staying informed about our industry. Here are some eye-opening statistics that highlight the current state and future trends of the plumbing sector:

Industry Size and Growth

  • The U.S. plumbing industry is worth $126.4 billion as of 2024.
  • There are currently 113,000 plumbing businesses operating in the United States.
  • The plumbing consumer market grew by 3.2% per year between 2017 and 2022.

Employment and Workforce

  • The plumbing industry in the U.S. currently employs 564,000 people.
  • The average plumber in the United States earns $54,605 per year or $22.64 per hour.
  • 96.5% of plumbers in the U.S. are men, while 3.5% are women.

Future Projections

  • The plumbing job market is expected to grow by 2% from 2022 to 2032.
  • Approximately 42,600 plumbing, pipefitting, and steamfitting jobs are projected each year for the next decade.
  • The U.S. is expected to be short 550,000 plumbers by 2027.

Water Conservation

  • A typical home can waste more than 10,000 gallons of water annually due to minor leaks.
  • The average American consumes about 90 gallons of water daily.
  • Installing high-efficiency toilets has saved 757 billion gallons of water in the US.

Technology and Trends

  • The global smart bathroom market reached a 10.2% CAGR, increasing from $4.6 billion in 2022 to $4.7 billion in 2023.
  • North America accounts for 47.9% of global smart bathroom revenue.
  • 64% more searches for plumbing services are conducted on mobile devices in the US.

At Pride Plumbing, we’re committed to staying ahead of these trends and providing top-notch service that aligns with industry standards. By choosing our professional team, you’re not just getting a quick fix – you’re investing in the long-term health of your home’s plumbing system.

Sources:

Jobber Academy

WebFX

Valve+Meter Performance Marketing

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