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Chicago, IL

Roofing Business Valuations in Chicago, IL

Chicago is one of the largest roofing markets by total employment, with high wages driven by strong union presence. Severe weather including hail, wind, and heavy snow creates year-round demand. The m...

9.5M
Metro Population
$50K
Avg Annual Wage
1,280
Establishments
moderate
PE Activity

Market Overview

Chicago is one of the largest roofing markets by total employment, with high wages driven by strong union presence. Severe weather including hail, wind, and heavy snow creates year-round demand. The metro's commercial sector is particularly strong, with high-value flat roof projects.

Key Market Statistics

Total Employment
Top 5 nationally
Avg Wage
Above national avg
Commercial Mix
40%+
PE Acquisitions
5+ since 2022

Roofing Industry Concentration

Location Quotient
1.14
Above national average
Typical Multiple Range
5.5-7.5x
EBITDA multiple for qualified businesses

Top Service Areas

NapervilleSchaumburgEvanstonOak ParkJoliet
View all roofing market data for Illinois

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