Electrical · New York, NY

Electrical Market in
New York, NY

$2.4B TAM · Market Score 75/100 · Ranked #1 of 925 MSAs by TAM

Bottom-up market data for the New York, NY MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$2.4B
rank #1 of 925
Market Score
75/100
rank #25 of 925 · 97th percentile
Operators
5,781
58,886 employees
Pop. growth (5-yr)
-1.9%
rank #662 of 872

Market Score breakdown

How New York scored 75/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. New York ranks in the 97th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%73.0192
Fragmentation Score35%22.635
Total Housing Units30%8,038,666100

TAM by segment

$2.4B in New York broken down by segment

Electrical Service
$742M
30% of total TAM
Electrical Panel Rewire
$1.5B
62% of total TAM
Electrical New Install
$181M
7% of total TAM

Demographic snapshot

Who lives and buys in New York

Population
19,798,537
-1.9% 5-yr growth
Median HH income
$99,155
33.1% HHs $150K+
Housing units
8,038,666
17.0% age 65+
GDP per capita
$121,856

Frequently asked questions

Electrical market in New York: common questions

How big is the electrical market in New York, NY?

The electrical market in New York, NY has a total addressable market of $2.4B, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes New York the #1 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in New York?

PinpointIQ tracks 5,781 electrical establishments in the New York MSA, employing approximately 58,886 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does New York rank nationally for electrical?

New York scores 75/100 on PinpointIQ's Electrical Market Score, ranking #25 of 925 U.S. metros — the 97th 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 New York?

PinpointIQ scores New York's electrical market on 3 components: % Housing Pre-1980 (35% weight, 92th percentile); Fragmentation Score (35% weight, 35th percentile); Total Housing Units (30% weight, 100th 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 New York?

New York's $2.4B electrical TAM breaks down into: Electrical Service ($742M, 30% of TAM); Electrical Panel Rewire ($1.5B, 62% of TAM); Electrical New Install ($181M, 7% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is New York growing? How does population affect the electrical market?

New York has a population of 19,798,537 and has declined 1.9% 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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