Electrical · Seattle, WA

Electrical Market in
Seattle, WA

$514M TAM · Market Score 40/100 · Ranked #10 of 925 MSAs by TAM

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

Total TAM
$514M
rank #10 of 925
Market Score
40/100
rank #690 of 925 · 25th percentile
Operators
1,051
15,011 employees
Pop. growth (5-yr)
8.7%
rank #149 of 872

Market Score breakdown

How Seattle scored 40/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Seattle ranks in the 25th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%42.6929
Fragmentation Score35%00
Total Housing Units30%1,704,52399

TAM by segment

$514M in Seattle broken down by segment

Electrical Service
$184M
36% of total TAM
Electrical Panel Rewire
$221M
43% of total TAM
Electrical New Install
$109M
21% of total TAM

Demographic snapshot

Who lives and buys in Seattle

Population
4,061,920
8.7% 5-yr growth
Median HH income
$115,177
37.6% HHs $150K+
Housing units
1,704,523
14.4% age 65+
GDP per capita
$148,714

Frequently asked questions

Electrical market in Seattle: common questions

How big is the electrical market in Seattle, WA?

The electrical market in Seattle, WA has a total addressable market of $514M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Seattle the #10 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Seattle?

PinpointIQ tracks 1,051 electrical establishments in the Seattle MSA, employing approximately 15,011 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Seattle rank nationally for electrical?

Seattle scores 40/100 on PinpointIQ's Electrical Market Score, ranking #690 of 925 U.S. metros — the 25th 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 Seattle?

PinpointIQ scores Seattle's electrical market on 3 components: % Housing Pre-1980 (35% weight, 29th percentile); Fragmentation Score (35% weight, 0th 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 Seattle?

Seattle's $514M electrical TAM breaks down into: Electrical Service ($184M, 36% of TAM); Electrical Panel Rewire ($221M, 43% of TAM); Electrical New Install ($109M, 21% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Seattle has a population of 4,061,920 and has grown 8.7% 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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