The 15 Best-Paying Cities for Painters

Editor’s Observe: This story initially appeared on Porch.

The final yr has seen unprecedented exercise within the residential actual property market, with a rising variety of consumers competing for a restricted variety of houses and sending costs upward.

The shortage of present houses has created new alternatives for builders and building professionals, however the business has been struggling to maintain up with demand: Housing starts have consistently exceeded completions all through the COVID-19 pandemic.

Like many different sectors, building has struggled with two key challenges: growing prices of supplies as a result of provide points and a scarcity of labor. One of many many areas the place these challenges have develop into obvious is with paint and painters.

Development supplies have seen steep will increase in value during the last yr. Many producers had been working at lowered capability throughout the pandemic and have been sluggish to meet up with demand total. Struggles with delivery and logistics bottlenecks have additionally made it tougher to safe key supplies, which has led to cost will increase.

The inflation-adjusted cost of paint held comparatively regular for a lot of the final decade earlier than experiencing a gradual enhance inside the previous few years. However in the beginning of 2021, costs headed sharply upward and have proven little signal of slowing down. Will increase in materials prices like paint are main extra building corporations to lose jobs from cost-conscious prospects and slicing into revenue margins.

To find out the best-paying areas for painters, researchers at Porch calculated the median annual wage for painters, adjusted for cost-of-living variations. The info used on this evaluation is from the U.S. Bureau of Financial Evaluation and the U.S. Bureau of Labor Statistics.

Listed here are the best-paying metropolitan areas for painters within the U.S.

15. Louisville/Jefferson County, KY-IN

• Median annual wage for painters (adjusted): $45,681
• Median annual wage for painters (precise): $40,930
• Median annual wage for all building employees (precise): $48,560
• Value of dwelling (in comparison with common): -10.4%

14. Hartford-West Hartford-East Hartford, CT

• Median annual wage for painters (adjusted): $46,956
• Median annual wage for painters (precise): $48,130
• Median annual wage for all building employees (precise): $60,300
• Value of dwelling (in comparison with common): +2.5%

13. Detroit-Warren-Dearborn, MI

• Median annual wage for painters (adjusted): $47,492
• Median annual wage for painters (precise): $45,260
• Median annual wage for all building employees (precise): $55,980
• Value of dwelling (in comparison with common): -4.7%

12. San Francisco-Oakland-Hayward, CA

• Median annual wage for painters (adjusted): $47,494
• Median annual wage for painters (precise): $63,880
• Median annual wage for all building employees (precise): $71,420
• Value of dwelling (in comparison with common): +34.5%

11. Boston-Cambridge-Nashua, MA-NH

• Median annual wage for painters (adjusted): $48,485
• Median annual wage for painters (precise): $56,000
• Median annual wage for all building employees (precise): $64,290
• Value of dwelling (in comparison with common): +15.5%

10. Pittsburgh, PA

• Median annual wage for painters (adjusted): $49,697
• Median annual wage for painters (precise): $45,920
• Median annual wage for all building employees (precise): $53,410
• Value of dwelling (in comparison with common): -7.6%

9. Grand Rapids-Wyoming, MI

• Median annual wage for painters (adjusted): $49,804
• Median annual wage for painters (precise): $45,820
• Median annual wage for all building employees (precise): $46,190
• Value of dwelling (in comparison with common): -8.0%

8. Oklahoma Metropolis, OK

• Median annual wage for painters (adjusted): $50,067
• Median annual wage for painters (precise): $44,960
• Median annual wage for all building employees (precise): $44,450
• Value of dwelling (in comparison with common): -10.2%

7. Kansas Metropolis, MO-KS

• Median annual wage for painters (adjusted): $50,700
• Median annual wage for painters (precise): $47,050
• Median annual wage for all building employees (precise): $53,510
• Value of dwelling (in comparison with common): -7.2%

6. Columbus, OH

• Median annual wage for painters (adjusted): $50,939
• Median annual wage for painters (precise): $46,660
• Median annual wage for all building employees (precise): $50,800
• Value of dwelling (in comparison with common): -8.4%

5. Milwaukee-Waukesha-West Allis, WI

• Median annual wage for painters (adjusted): $55,063
• Median annual wage for painters (precise): $52,090
• Median annual wage for all building employees (precise): $60,930
• Value of dwelling (in comparison with common): -5.4%

4. Minneapolis-St. Paul-Bloomington, MN-WI

• Median annual wage for painters (adjusted): $56,472
• Median annual wage for painters (precise): $58,110
• Median annual wage for all building employees (precise): $66,830
• Value of dwelling (in comparison with common): +2.9%

3. Chicago-Naperville-Elgin, IL-IN-WI

• Median annual wage for painters (adjusted): $56,819
• Median annual wage for painters (precise): $58,410
• Median annual wage for all building employees (precise): $79,110
• Value of dwelling (in comparison with common): +2.8%

2. Buffalo-Cheektowaga-Niagara Falls, NY

• Median annual wage for painters (adjusted): $63,640
• Median annual wage for painters (precise): $60,140
• Median annual wage for all building employees (precise): $54,170
• Value of dwelling (in comparison with common): -5.5%

1. St. Louis, MO-IL

• Median annual wage for painters (adjusted): $75,771
• Median annual wage for painters (precise): $68,270
• Median annual wage for all building employees (precise): $67,400
• Value of dwelling (in comparison with common): -9.9%

Methodology

The info used on this evaluation is from the U.S. Bureau of Financial Evaluation Regional Price Parities dataset and the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics.

To find out the best-paying areas for painters, researchers calculated the median annual wage for painters, adjusted for cost-of-living variations. In areas with excessive dwelling prices, wages had been adjusted right down to replicate decrease buying energy.

Wages had been adjusted up in cheaper areas to replicate larger buying energy. Within the occasion of a tie, the placement with the upper unadjusted median annual wage for painters was ranked greater. To enhance relevance, solely metropolitan areas with a minimum of 100,000 residents had been included.

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