GITNUX MARKETDATA REPORT 2024

Must-Know Handyman Industry Statistics [Current Data]

Statistic 1

"The handyman industry generated over $7 billion in revenue in 2020, according to an IBISWorld report."

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Statistic 2

"There are more than 162,000 handyperson service businesses in the United States, as per the US Census Bureau."

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Statistic 3

"The average annual salary for a handyman in the United States is $42,930, as reported by the Bureau of Labor Statistics."

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Statistic 4

"The US handyman industry is expected to grow at a compound annual growth rate (CAGR) of 3% through 2025, according to Global Industry Analysts."

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Statistic 5

"50% of handyman service requests are for small projects of $200 or less, according to a Home Advisor survey."

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Statistic 6

"Approximately 80% of American households will need the services of a handyman at least once a year, as quoted by Franchise Help."

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Statistic 7

"The handyman industry is 80% residential and 20% commercial, as reported by Franchise Help."

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Statistic 8

"Nearly 67% of handyman businesses are independently owned, as per a report on GuildQuality."

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Statistic 9

"About 80% of handymen say acquiring new customers is their biggest challenge, according to the 2018 GuildQuality report."

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Statistic 10

"The average hourly rate for a handyman on Thumbtack is about $55 per hour."

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Statistic 11

"25% of homes built in the US have a maintenance backlog, indicating a high demand for handymen, according to the American Housing Survey."

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Statistic 12

"Home improvement projects have increased by 57% in 2020 due to the COVID-19 pandemic, boosting the handyman industry, as quoted by CNBC."

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Statistic 13

"A total of 76% of handymen report using mobile apps to manage their businesses, according to the 2018 GuildQuality report."

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Statistic 14

"The average cost of a handyman service call is between $60 and $90, as stated by HomeAdvisor."

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Statistic 15

"Approximately 56% of handymen accept online payments, according to the 2018 GuildQuality report."

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Statistic 16

"The revenue of handyperson services in the United States is projected to reach $8.9 billion in 2024, as per Statista."

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