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Home Builders in Rhode Island

Author.Name IBISWorld United States Last Updated: April 2025 NAICS RI23611a

Home Builders in Rhode Island industry analysis

The Home Builders industry in Rhode Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments decreased an annualized -x% to x,xxx locations. Industry employment has decreased an annualized -x.x% to x,xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to decline -x.x% to x,xxx locations. Industry employment is expected to decrease an annualized -x.x% to x,xxx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Home Builders in Rhode Island Market Research Report

What’s Included in the Home Builders in Rhode Island Market Research Report

Definition of the Home Builders in Rhode Island?

Industry operators primarily construct single-family homes, in which units are separated by ground-to-roof walls with no other units above or below. The industry also encompasses the remodeling of houses and other residential buildings. Industry operators include general contractors, design-build companies and single-family construction management companies acting as general contractors and builders.

What’s included in the Home Builders in Rhode Island?

The Home Builders in Rhode Island includes single-family homebuilding and general contracting (i.e. detached housing units, townhouses and row houses), managing single-family housing construction, low-income single-family housing construction, managing residential remodeling construction and handyman construction for residential buildings. Related terms covered in the Home Builders in Rhode Island industry report includes the number of new homes under construction during a specified period of time and a key economic indicator of the health of the housing market, an individual or company that manages the construction of a structure for a property owner or developer. a general contractor may retain its own labor force or use subcontractors for projects, an enterprise that prepares a real estate site for residential or commercial use, raising capital, securing zoning approvals and hiring contractors to design, construct and develop property, an asset-backed security or debt obligation that is secured by a mortgage or collection of mortgages and a type of mortgage in which the interest rate that is paid on the outstanding balance is variable.

Industry Performance of the Home Builders industry in Rhode Island

Benchmark the Home Builders in Rhode Island industry performance with all RI county and national performance.

Home Builders in Rhode Island

#49 in Highest Revenue 0.1% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Home Builders in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Home Builders industry in Rhode Island

See how key industry drivers, such as population, private investment in residential construction, newly issued building permits, value of residential construction, housing starts and number of households are impacting Home Builders in Rhode Island

Rhode Island Economic Indicators

Population
Private Investment in Residential Construction
Newly issued building permits

View more economic information in RI State Economic profile

US Key External Drivers

Value of residential construction
Housing starts
Number of households

For the full list of industry drivers, see report purchase options.

County Data of the Home Builders industry in Rhode Island

Access proprietary data on county in the Home Builders in Rhode Island, such as Providence County, Washington County and Newport County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Home Builders industry in Rhode Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Home Builders industry in Rhode Island in 2025?

The market size of the Home Builders industry in Rhode Island is $211.8m in 2025.

How many businesses are there in the Home Builders industry in Rhode Island in 2025?

There are 1,392 businesses in the Home Builders industry in Rhode Island, which has been declining at an average annual rate of -1.0% from 2020 to 2025.

Has the Home Builders industry in Rhode Island grown or declined over the past 5 years?

The market size of the Home Builders industry in Rhode Island has been declining at an average annual rate of -0.8% from 2020 to 2025.

How many employees in the Home Builders industry in Rhode Island in 2025?

There are 1,621 employees in the Home Builders industry in Rhode Island, which has been declining at an average annual rate of -3.5% from 2020 to 2025.