Amazing 2022 Roofing Statistics
In 2022, there will be 7.4 billion people on planet Earth, according to estimates. On top of that, in the next seven years, the world’s population will grow by around 100 million people annually, and that means roofing contractors need to be ready to accommodate their needs with adequate roofing services and products to meet demand and compete effectively with others in their local area. Fortunately, these amazing 5 roofing statistics from 2022 can help you anticipate demand and find opportunities that you may not have been aware of otherwise.
Roofing Statistics 2022
In 2022, there will be approximate, roofing projects completed in the United States alone. Each of these roofs will require materials such as shingles and wood or metal to keep them in shape and free of leaks and other problems. The following statistics pertain to the entire roofing industry, both residential and commercial projects.
The Average Age of a U.S. Home is 37 years
The average age of a U.S. home is 37 years old, which means that more than half of the homes in the United States are over 30 years old and will need a new roof soon. As time goes on, roofs deteriorate, and leaky roofs are one of the main causes of home fires. With so many homes in need of new roofs, it's no wonder that our company has seen an increase in business every year. The demand for new roofs is only going to increase as time goes on! By 2026 there will be 20% more households than there were in 2010. By 2020, there will be 17 million households without access to adequate water or sanitation services. And by 2030, 10% of all dwellings worldwide are expected to have been constructed post-2000! We're happy that we can help people with this reno roof repair service before their home is destroyed by the elements.
The Average Cost of a New Roof is $7,500
$7,500 is the average cost of a new roof in the US. This number will vary depending on where you live and other factors. However, it is important to know this so you can plan for your home's future needs. You may also be interested to know that the typical lifespan of a roof is 20-25 years. A New Home in 2022 May Require $12,000 to Meet Energy Standards;
Home buyers may have more energy standards to meet when looking for their first home in 2022. Most homes built before 1992 do not meet today's energy efficiency requirements. A larger proportion of people are living alone these days which means less space and more energy required per person.
The Average Lifespan of an Asphalt Shingle Roof is 20 years
The average lifespan of an asphalt shingle roof is 20 years, with some lasting up to 50 years. If you have a roof that has been around for 30 years, the chances are that the shingle roof needs replacement. Most roofs should last 20 to 25 years before they need replacement, but different factors such as climate can affect how long your roof lasts. If you live in an area where there is a lot of hail or other severe weather occurrences, your roof will not likely last as long as if you lived in an area with milder weather. So, be sure to take into account what type of climate your house is located in when calculating how long your shingle roof will last and then plan for its replacement accordingly.
Metal Roofs Can Last Up to 50 Years
Roughly 80% of homeowners with metal roofs report they are satisfied with their roofs. A metal roof can last up to 50 years, and the average cost for a typical roof is $21,000. Metal roofs are less expensive than other materials like asphalt shingles or wood shakes. They also come in an array of colors and styles, so you can personalize your home's look. One drawback is that metal roofs are heavy.
If you're looking for a sturdy roof that won't rust and will last at least 20-30 years, then aluminum is a great choice. Aluminum has many benefits including being lightweight which makes installation easy.
One thing to keep in mind when selecting aluminum is that it comes with a more limited color range; most have black frames but some companies offer white or silver as well. The good news is that an Advosy roofing system may take a little longer to install, but because aluminum doesn't require painting you'll save time and money down the road by doing away with maintenance costs.