Roofing Industry Statistics (2026): Costs, Claims & Market Data

Quick answer: The US roofing contractors industry is worth about $92.5 billion in 2026 (IBISWorld), with roughly 5 million residential roofs replaced each year (NRCA). A typical asphalt-shingle replacement runs $9,000-$15,000 (Angi), and roof insurance claims totaled about $23 billion in 2025.

This page is Onward’s running tally of US roofing statistics for 2026, pulled together so journalists, researchers, and homeowners have one place to find the numbers with a named source attached to each. Figures below are rounded and vary by region; every stat is tied to its origin (IBISWorld, BLS, NRCA, the Insurance Information Institute, and the US Census, among others) in the Methodology and Sources sections. Onward also references its own quote-and-match data where noted, framed as rounded estimates, not precise counts.

The US Roofing Industry Is a $92.5 Billion Market in 2026

The US roofing contractors industry is worth about $92.5 billion in 2026, according to IBISWorld. That makes roofing one of the larger specialty-trade segments in US construction, and it has grown at roughly 3.4% a year since 2021.

Two forces explain the growth. First, the housing stock is aging, so most roofing revenue now comes from replacing and upgrading existing roofs rather than building new ones. Second, a rising count of severe storms keeps repair and replacement demand high year after year.

For homeowners, the takeaway is simple: roofing is a large, fragmented market where most spending goes toward replacing worn or storm-damaged roofs, which is exactly where comparing vetted local quotes pays off. You can get matched with local pros and see how the broader roofing cost index moves over time.

About 5 Million US Roofs Are Replaced Every Year

Roughly 5 million residential roofs are replaced in the US each year, the National Roofing Contractors Association estimates, a market worth about $20 billion on its own. That steady replacement cycle is the engine under the whole industry.

Why so many? Asphalt shingle roofs, which cover most US homes, typically last 15-30 years. With a median home age near 44 years (more on that below), a large share of homes are at or past their first roof’s lifespan in any given year. Storms then pull forward replacements that might otherwise have waited.

Of those 5 million replacements, roughly four in five use asphalt shingles, which keeps shingle demand near 150 million-plus “squares” a year (one square equals 100 square feet). For the detailed breakdown, see Onward’s roof replacement statistics and the blog explainer on how long a roof lasts.

There Are About 108,600 Roofing Businesses and 156,000+ Roofers

The US has about 108,600 roofing contractor businesses in 2026, per IBISWorld, and employs roughly 156,000-166,700 roofers, according to IBISWorld and the Bureau of Labor Statistics. The business count rose about 2.6% from 2025.

This is a fragmented, locally-run trade. Most companies are small crews serving a single metro, not national brands, which is why a contractor’s license, insurance, and review history vary so widely from one company to the next.

Because quality is so uneven across a six-figure pool of contractors, verification matters. Onward’s screening, the Onward Shield, checks license, insurance, background, written warranty, real reviews, and a yearly re-check before a pro can appear in a homeowner’s matches.

The Average US Roof Replacement Costs $9,000-$15,000 in 2026

A typical US asphalt-shingle roof replacement costs about $9,000-$15,000 in 2026, with most homeowners landing near $10,500, according to Angi. Installed pricing runs roughly $3.44-$12 per square foot, and labor accounts for about 60% of the bill.

Cost swings come down to roof size, pitch and complexity, shingle grade, tear-off, and local labor rates. Premium materials such as metal or tile cost considerably more than 3-tab or architectural asphalt.

For a full walkthrough, see Onward’s roofing cost guide, the cost methodology, and the blog post on how much a roof costs.

Asphalt Shingles Cover 75-80% of US Roofs, but Metal Is Growing Fastest

Asphalt shingles cover an estimated 75-80% of US residential roofs, making them by far the dominant material. They win on price and availability, and they ship to every market in the country.

Metal is the fastest-growing segment, forecast by market-research firms to expand about 7.4% a year through 2034, helped by insurance incentives, fortified-roof programs, energy savings, and climate-resilience concerns. Tile and other premium materials hold meaningful but smaller shares, concentrated in specific regions.

Material choice drives both cost and lifespan, so it is worth comparing options before signing. Onward’s roof lifespan by material page and the roofing material market share report break this down further. When you are ready, you can request a roof-replacement estimate.

Roof Insurance Claims Hit About $23 Billion in 2025

Roof-related insurance claims totaled about $23 billion in the US in 2025, according to industry reporting on Verisk data, as hail exposure spread across more states. The wider storm picture is even larger: severe convective storms (wind and hail) drove roughly $51 billion in insured losses in 2024, the Insurance Information Institute reports.

Hail is the single biggest roof-claim driver. In 2025, hail accounted for about 33% of catastrophe-designated roof claims, while catastrophe wind claims were near 19%. Individual carriers show the scale: State Farm alone paid about $5.6 billion in hail claims in 2025, including roughly $1.4 billion in Texas.

These losses are why premiums, roof-age limits, and actual-cash-value roof settlements have tightened in storm-prone states. See Onward’s hail damage statistics and storm damage statistics, plus the blog guides on whether insurance covers roof replacement and how to file a roof insurance claim.

The Median US Home Is 44 Years Old, Driving Re-Roofing Demand

The median US home is about 44 years old, built around 1980, according to NAHB analysis of US Census American Community Survey data. Nearly half of owner-occupied homes, about 47% in 2024, are at least 45 years old, up from 39% a decade earlier.

That aging stock is a core demand driver. Older homes report roof leaks at a higher rate than newer ones, and homes built before 1980 are far more likely to be on their second or third roof. As the housing stock ages and new construction stays limited, re-roofing keeps making up the bulk of industry activity.

Older homes also tend to need more careful inspection before a re-roof. The blog post on the best time to replace a roof covers timing, and you can compare top-rated roofing companies once you are ready to plan.

Storm Chasers and Contractor Fraud Rose 38% From 2023 to 2025

Reported contractor fraud climbed 38% between 2023 and 2025, according to the National Insurance Crime Bureau, over a stretch that included 23 separate US billion-dollar weather disasters. Much of that fraud follows storms, when “storm chaser” crews move door to door.

The common pattern: an out-of-state crew offers a “free inspection,” pressures a fast signature, sometimes manufactures damage, and may collect a deposit and disappear. Consumer-protection agencies and the Better Business Bureau consistently flag unsolicited door knocks, full payment upfront, and out-of-state plates as warning signs.

This is why Onward exists as a trust-first marketplace: every matched pro clears a six-point check before reaching a homeowner. Based on Onward’s quote-and-match data (2026), homeowners who compare multiple vetted local bids tend to avoid the high-pressure, single-bid situations that storm chasers rely on. See how Onward verifies roofers, the blog guide on hiring a roofer, and what to do after storm damage. You can also browse vetted local roofers directly.

Methodology

These figures come from named public and industry sources, current as of June 2026. Market size and business counts are from IBISWorld’s 2026 Roofing Contractors report; employment from the US Bureau of Labor Statistics Occupational Outlook Handbook; re-roofing volume from the National Roofing Contractors Association; cost ranges from Angi’s 2026 shingle-cost dataset; claims and loss data from the Insurance Information Institute and reporting on Verisk catastrophe data; housing-stock age from NAHB analysis of US Census American Community Survey data; and fraud data from the National Insurance Crime Bureau. Numbers are rounded, reflect national averages, and vary by region, roof size, and material; ranges are used wherever a single point estimate would overstate precision. Onward’s own figures are clearly labeled estimates drawn from its 2026 quote-and-match data, not precise internal counts.

The Bottom Line

US roofing in 2026 is a $92.5 billion industry built on a steady cycle of about 5 million re-roofs a year, an aging housing stock near 44 years old, and a rising tide of storm claims that hit roughly $23 billion in 2025. For homeowners, the practical lesson behind the numbers is that prices and contractor quality both vary widely, so comparing several vetted local bids is the surest way to a fair price and a roof that lasts. When you are ready, get a free roofing estimate from vetted local pros.