Written by: Holly Welles, The Estate Update
Published: October 6, 2020
The construction industry ebbs and flows like the tide—some fields are slowing down while others are set to skyrocket into the stratosphere in the next decade. If you're looking for a change or a way to bolster your current career, here are five construction trade jobs set to grow by 2029, according to the Bureau of Labor Statistics.
1. Construction Managers
Construction managers are often seen as the top of the food chain on the job site, overseeing everything from plans and budgets to coordination and subcontractors. In 2019, the average construction manager could bring home $95,260 a year. This career is expected to grow by 8 percent—much faster than average—between 2019 and 2029.
You'll need a minimum of a bachelor's degree in a related field to secure a position as a construction manager, as well as a few years of industry experience. You may want to consider seeking a bachelor's degree in construction management rather than another field to improve your chances of securing a job.
2. Solar Installers
Solar and other types of green energy are taking off, and installation companies are having a hard time keeping up with demand. The average salary for a solar installer is $44,890, but the industry is expected to grow by a whopping 51 percent between 2019 and 2029.
This is a fairly new field, and if you're interested in getting into solar, all you need is a high school diploma and the willingness to learn on the job. Installing solar also requires a lot of hands-on work, including working in attics and small crawl spaces, so it's not a job for people who are claustrophobic.
3. Industrial Machinery Mechanics
Heavy equipment is a massive part of the construction industry and not just because of its size. It also needs specially trained mechanics to keep it running. That's where industrial machinery mechanics come in. On average, one of these skilled technicians can make $52,860 a year. This industry is projected to grow by 13 percent between 2019 and 2029.
Becoming an industrial mechanic only requires a high school diploma and a year of on-the-job training, though you may wish to seek a four-year program if you plan on doing this as a career. These aren't always necessary, and you may be able to learn everything you need to complete your job without ever going back to school.
4. Hazardous Materials Removal Worker
Not everything in the construction industry is glamorous, but each role is necessary. Such is the case of the hazardous material removal worker. The average worker can expect to earn $43,900, and this industry is expected to grow by 8 percent between 2019 and 2029.
There are no educational requirements to become a hazardous material removal worker beyond a high school diploma, though there is a significant amount of on-the-job training. You may also be required to obtain licensing in your state, but that will vary depending on where you're located.
Electricians have been an integral part of the construction industry since electricity became common in the average household. On average, master electricians can bring home $56,180 per year, and this position is expected to grow 8 percent between 2019 and 2029.
Unlike many of the other careers on this list, becoming an electrician requires a lengthy apprenticeship, in addition to a high school diploma, before you can work on your own. If you can find someone who can take you on as an apprentice, and you're willing to put in the hard work, becoming an electrician can be a surprisingly lucrative career.
Looking Toward the Future
The construction industry is constantly changing, and while we can project what it might look like in 10 years, it's hard to say for sure. Even swiftly growing fields like solar are slowing down. In 2018, solar installers were expected to grow by 105 percent, and now, just a year later, they're down to 51 percent. This is still significant expected growth, but it's nothing like it was a year ago. Now is the best time to get your foot in the door, especially if you plan on building a career anywhere in the construction industry.