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Home Inspection Services – Industry Analysis, Statistics, Trends, and Forecasts

SIC 7389  |  NAICS 541350

The following guide to industry research and analysis provides sources for industry statistics, trends, and forecasts, financial ratios, salary surveys, and more.

See the following sections listed below to view available resources by category:

For guides to other industries, see our index of over 400 industries.

Industry Analysis, Statistics, Trends, and Forecasts

Home & Building Inspectors  (view report)
Engineering Services  (view report)
Comprehensive industry research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Topics addressed in the reports include:
Sample industry research report and selected industry statistics including market size, five-year average growth rate, number of businesses, and total employment are available free online.

Resources available from this trade association include:

ASHI Reporter
Monthly trade magazine features news and information for industry professionals, with topics covered in each issue including managing the business, marketing professional services, inspection standards and practices, technical reviews of specific systems and components, and industry and association news and events. Digital editions containing selected articles from print edition are available online.

Become A Home Inspector / Requirements By State / state-regulations
Introductory section provides a summary overview of the business, with topics covered in this section including the market for these services, types of services provided, business operating characteristics, and ASHI educational and training opportunities; and state regulations section provides information on licensing, education, training, and experience requirements for professionals in each of the 50 states.

Resources available from this trade association include:

How to to Run a Successful Home Inspection Business
Startup guide covers the various aspects of starting a business and running it successfully, with topics covered in the guide including setting up the company, creative marketing, getting in front of prospects, converting calls into appointments, writing the agreement and report, reference guides and tools, and continuing education. E-book version is available free online with registration for monthly e-newsletter.

Article Library
Extensive library of articles provides information on various aspects of the home inspector profession from a consumer, business, and technical standpoint, with articles organized by page section into the following subject categories: "General Inspection & Consumer", "Commercial Inspection", "Business Success and Marketing", "Legal & Risk Management", "Articles in Spanish", and "Articles in French".

The Home Inspection Book: A Guide for Professionals
Spada, South-Western Education Publications, 2007

Comprehensive reference guide addresses the home inspection business from both a business and practice standpoint, with the first part of this publication focusing on the management, administrative, and financial aspects of operating an inspection business, and Part 2 providing a step-by-step guide to the inspection process following the professional guidelines established by ASHI and InterNACHI.

Working RE
Home Inspector Magazine / Newsletter

Semiannual print magazine publication and bimonthly e-newsletter provide news and information for home inspection business owners and managers, with topics covered in these publications including business operations, inspection reports, customer service, marketing services, and legal liability risk management. E-newsletters and selected articles from the print publication are available free online.

National Association of Realtors®
Field Guide to Home Inspections

Information resource guide provides links to articles, books, websites, statistics, and other materials, with content categories for this field guide including questions to ask an inspector, understanding the inspection process, the inspection professional, legal and regulatory issues, trade and professional associations, e-books and audio books, and books, videos, research reports, and other resources.

Market Analysis

Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

More Resources
For more industry research reports and other resources, see the following resource guide.

Financial Statements and Financial Ratios

Industry Financial Ratios
Building Inspection Services  Search for "541350"
Five-year financial statement analysis reports provide income statements, balance sheets, and key industry financial ratios for companies of all sizes, with financial data available by sales size range on a national, state, and metropolitan area level including:
Sample reports on a national and metropolitan area level are available free online.

Home & Building Inspectors
(see links for individual reports)

Financial information section of this research report provides an analysis of industry costs and profits as a percentage of net revenue by income and expense category for companies that primarily perform inspections of building structures and component systems, including the roof, foundation, exterior and interior walls, and electrical, plumbing, and HVAC (heating, ventilation, and air conditioning) systems.

Compensation and Salary Surveys

U.S. Bureau of Labor Statistics
Construction and Building Inspectors / oes

Occupational outlook handbook and employment statistics sections provide job outlook and hourly and annual wage data for construction and building inspectors, with positions covered in the wage survey including home inspectors who examine building systems and features including the roof, foundation, exterior and interior walls, attached garage or carport, and electrical, plumbing, and HVAC systems.

PayScale, Inc.
Home and Building Inspection Services / building

Free online service provides median salary, bonus, and hourly wage rate data for job positions in this service sector, with job positions for which compensation data is provided including office manager, business development manager, marketing representative, home inspector, building inspector, civil engineer, building and construction inspector, building code inspector, and code enforcement officer.

Business Valuation Resources

Private company sales transaction data for over 800 industries.

Related Industries:
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