Electrical · Nashville, TN

Electrical Market in
Nashville, TN

$244M TAM · Market Score 32/100 · Ranked #24 of 925 MSAs by TAM

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

Total TAM
$244M
rank #24 of 925
Market Score
32/100
rank #817 of 925 · 12th percentile
Operators
476
7,540 employees
Pop. growth (5-yr)
13.6%
rank #86 of 872

Market Score breakdown

How Nashville scored 32/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Nashville ranks in the 12th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%31.710
Fragmentation Score35%00
Total Housing Units30%897,20696

TAM by segment

$244M in Nashville broken down by segment

Electrical Service
$55M
23% of total TAM
Electrical Panel Rewire
$49M
20% of total TAM
Electrical New Install
$139M
57% of total TAM

Demographic snapshot

Who lives and buys in Nashville

Population
2,079,596
13.6% 5-yr growth
Median HH income
$85,447
23.3% HHs $150K+
Housing units
897,206
14.1% age 65+
GDP per capita
$107,901

Frequently asked questions

Electrical market in Nashville: common questions

How big is the electrical market in Nashville, TN?

The electrical market in Nashville, TN has a total addressable market of $244M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Nashville the #24 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Nashville?

PinpointIQ tracks 476 electrical establishments in the Nashville MSA, employing approximately 7,540 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Nashville rank nationally for electrical?

Nashville scores 32/100 on PinpointIQ's Electrical Market Score, ranking #817 of 925 U.S. metros — the 12th 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 Nashville?

PinpointIQ scores Nashville's electrical market on 3 components: % Housing Pre-1980 (35% weight, 10th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 96th 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 Nashville?

Nashville's $244M electrical TAM breaks down into: Electrical Service ($55M, 23% of TAM); Electrical Panel Rewire ($49M, 20% of TAM); Electrical New Install ($139M, 57% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Nashville has a population of 2,079,596 and has grown 13.6% 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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