Electrical · Boston, MA

Electrical Market in
Boston, MA

$629M TAM · Market Score 68/100 · Ranked #6 of 925 MSAs by TAM

Bottom-up market data for the Boston, MA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$629M
rank #6 of 925
Market Score
68/100
rank #76 of 925 · 92th percentile
Operators
1,813
20,654 employees
Pop. growth (5-yr)
3.8%
rank #337 of 872

Market Score breakdown

How Boston scored 68/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Boston ranks in the 92th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%66.1882
Fragmentation Score35%7.627
Total Housing Units30%2,059,05999

TAM by segment

$629M in Boston broken down by segment

Electrical Service
$200M
32% of total TAM
Electrical Panel Rewire
$372M
59% of total TAM
Electrical New Install
$57M
9% of total TAM

Demographic snapshot

Who lives and buys in Boston

Population
4,953,354
3.8% 5-yr growth
Median HH income
$115,863
38.6% HHs $150K+
Housing units
2,059,059
17.1% age 65+
GDP per capita
$130,177

Frequently asked questions

Electrical market in Boston: common questions

How big is the electrical market in Boston, MA?

The electrical market in Boston, MA has a total addressable market of $629M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Boston the #6 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Boston?

PinpointIQ tracks 1,813 electrical establishments in the Boston MSA, employing approximately 20,654 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Boston rank nationally for electrical?

Boston scores 68/100 on PinpointIQ's Electrical Market Score, ranking #76 of 925 U.S. metros — the 92th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for electrical operators and investors.

What drives electrical demand in Boston?

PinpointIQ scores Boston's electrical market on 3 components: % Housing Pre-1980 (35% weight, 82th percentile); Fragmentation Score (35% weight, 27th percentile); Total Housing Units (30% weight, 99th percentile). The weights are calibrated to the electrical vertical and applied consistently across every U.S. MSA.

What are the biggest electrical sub-segments in Boston?

Boston's $629M electrical TAM breaks down into: Electrical Service ($200M, 32% of TAM); Electrical Panel Rewire ($372M, 59% of TAM); Electrical New Install ($57M, 9% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Boston growing? How does population affect the electrical market?

Boston has a population of 4,953,354 and has grown 3.8% over the last 5 years. Population change is one of the drivers of electrical demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.

TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.

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