Electrical · Grand Rapids, MI

Electrical Market in
Grand Rapids, MI

$65M TAM · Market Score 46/100 · Ranked #69 of 925 MSAs by TAM

Bottom-up market data for the Grand Rapids, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$65M
rank #69 of 925
Market Score
46/100
rank #529 of 925 · 43th percentile
Operators
252
3,634 employees
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 46/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 43th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%5150
Fragmentation Score35%00
Total Housing Units30%467,52894

TAM by segment

$65M in Grand Rapids broken down by segment

Electrical Service
$20M
31% of total TAM
Electrical Panel Rewire
$29M
44% of total TAM
Electrical New Install
$16M
25% of total TAM

Demographic snapshot

Who lives and buys in Grand Rapids

Population
1,162,152
11.8% 5-yr growth
Median HH income
$82,874
20.5% HHs $150K+
Housing units
467,528
15.8% age 65+
GDP per capita
$75,888

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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