Electrical Market in
Virginia Beach, VA
$116M TAM · Market Score 50/100 · Ranked #44 of 925 MSAs by TAM
Bottom-up market data for the Virginia Beach, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Virginia Beach scored 50/100 for Electrical
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Virginia Beach ranks in the 56th percentile nationally for Electrical.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % Housing Pre-1980 | 35% | 44.16 | 33 |
| Fragmentation Score | 35% | 7.9 | 27 |
| Total Housing Units | 30% | 763,678 | 96 |
TAM by segment
$116M in Virginia Beach broken down by segment
Demographic snapshot
Who lives and buys in Virginia Beach
Frequently asked questions
Electrical market in Virginia Beach: common questions
How big is the electrical market in Virginia Beach, VA?
The electrical market in Virginia Beach, VA has a total addressable market of $116M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Virginia Beach the #44 largest electrical market of 925 U.S. MSAs.
How many electrical companies are in Virginia Beach?
PinpointIQ tracks 364 electrical establishments in the Virginia Beach MSA, employing approximately 4,137 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Virginia Beach rank nationally for electrical?
Virginia Beach scores 50/100 on PinpointIQ's Electrical Market Score, ranking #412 of 925 U.S. metros — the 56th 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 Virginia Beach?
PinpointIQ scores Virginia Beach's electrical market on 3 components: % Housing Pre-1980 (35% weight, 33th percentile); Fragmentation Score (35% weight, 27th 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 Virginia Beach?
Virginia Beach's $116M electrical TAM breaks down into: Electrical Service ($39M, 34% of TAM); Electrical Panel Rewire ($49M, 42% of TAM); Electrical New Install ($28M, 24% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Virginia Beach growing? How does population affect the electrical market?
Virginia Beach has a population of 1,787,235 and has grown 4.0% 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.
See Electrical data in your target markets.
Pull a free market report, start a trial, or walk through your target MSAs live.
Contact us
Questions, partnerships, or just want to learn more. We'd love to hear from you.