Electrical Market in
North Dakota
$40M statewide TAM · 8 metros · Rank #49/51 states · 0.1% of national TAM
Bottom-up rollup across every metro in North Dakota. PinpointIQ covers all 8 MSAs in the state.
Top metros
Most attractive Electrical metros in North Dakota
Ranked by Market Score — PinpointIQ's vertical-specific attractiveness composite. TAM shown for reference.
| Rank | Metro | TAM | Market Score |
|---|---|---|---|
| #1 | Grand Forks, ND | $5M | 51 |
| #2 | McHenry County, ND | $4M | 48 |
| #3 | Wilkin County, ND | $1M | 47 |
| #4 | Bismarck, ND | $8M | 45 |
| #5 | Fargo, ND MSA | $16M | 42 |
| #6 | Stutsman County, ND | $1M | 41 |
| #7 | Billings County, ND | $2M | 15 |
| #8 | Williams County, ND | $2M | 15 |
What drives the Market Score
How Electrical attractiveness is measured
Frequently asked questions
Electrical market in North Dakota: common questions
How big is the electrical market in North Dakota?
The statewide electrical total addressable market in North Dakota is $40M, aggregated across 8 MSAs. This represents 0.1% of the $27.6B U.S. electrical market.
How does North Dakota rank nationally for electrical?
North Dakota ranks #49 of 51 states by electrical TAM — the 4th percentile. The ranking is based on aggregate MSA-level TAM within each state's geographic boundaries.
What are the most attractive electrical metros in North Dakota?
PinpointIQ ranks the top electrical metros in North Dakota by Market Score (a vertical-specific attractiveness composite): #1 Grand Forks, ND ($5M TAM, Market Score 51); #2 McHenry County, ND ($4M TAM, Market Score 48); #3 Wilkin County, ND ($1M TAM, Market Score 47); #4 Bismarck, ND ($8M TAM, Market Score 45); #5 Fargo, ND MSA ($16M TAM, Market Score 42). Market Score weighs the drivers of electrical demand and operator concentration.
What drives electrical attractiveness in North Dakota's metros?
PinpointIQ's Electrical Market Score for every MSA in North Dakota is computed from 3 components: % Housing Pre-1980 (35%); Fragmentation Score (35%); Total Housing Units (30%). Each component is scored at the national percentile level before being weighted into the composite.
How many electrical markets does PinpointIQ cover in North Dakota?
PinpointIQ covers all 8 Metropolitan Statistical Areas (MSAs) in North Dakota for electrical, with TAM, Market Score, competitive landscape, and demographic drivers available at each MSA and down to the census-tract level.
Where can I get electrical market data for a specific North Dakota metro?
Individual metro pages are available for every MSA in North Dakota covered by PinpointIQ. You can also pull a free electrical market report for any specific metro through PinpointIQ's report tool, or start a trial to access the full platform including competitive landscape and business-level data.
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.
See Electrical data in your target markets.
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