Groundwork

Home services · Small-town market · Colorado

Electricians in the Montrose, CO area

How the Montrose, CO area compares with other small-town markets and the U.S. for electricians: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 34 out of 100: Lower middle

Ranked #250 of 295 scored small-town markets
#5 of 7 scored small-town markets based in Colorado

Listings
10
0 chain locations (0%)
Official establishments
26
+4.0% since 2019
Household spending a year
$47.6M
On home repairs, maintenance and insurance · $2,635 a household
Spending per listing
$4.8M
60% below the U.S.
Listings per 10k households
5.5
2.2 times the U.S.
Population, 2025
44,591
+4.1% since 2020

See the electricians around any address in the Montrose area

The site report maps the electricians on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

For electricians, the Montrose area has a Groundwork market score of 34 (lower middle): #250 of 295 scored small-town markets and #5 of 7 scored small-town markets based in Colorado. That puts it in the bottom quarter of small-town markets.

At $2,635 per household (13% below the U.S. average), households in the Montrose area spend about $47.6M a year on home repairs, maintenance and insurance. That works out to $4.8M per company, 60% below the U.S. figure of $12M. The spending figure covers all home repairs, maintenance and insurance, not only electricians.

There are 10 electricians on map listings in the Montrose area as of September 2026. None of them are chain locations, against 1% across the U.S. That comes to 5.5 for every 10,000 households, 2.2 times the U.S. rate of 2.5.

The official count of businesses with payroll classed as electrical contractors in the Montrose area was 26 in 2023, up 4.0% from 2019. That is one for every 695 households, against one for every 1,550 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $586K has gone to businesses classed as electrical contractors in the Montrose area. Between 2020 and 2025, the population of the Montrose area grew 4.1%, faster than the U.S. (+3.1%).

How the Montrose area compares

The same measures for Colorado and the whole U.S. Spending per listing divides a year of household spending on all home repairs, maintenance and insurance by the electricians counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Electricians in Montrose, CO area compared with Colorado and the U.S.
MeasureMontrose areaColoradoU.S.
Listings per 10k households5.53.02.5
Spending per listing$4.8M$10.5M$12M
Households per official establishment6951,0641,550
Official establishment growth, 2019–2023+4.0%+11.2%+9.2%
Population growth, 2020–2025+4.1%+3.9%+3.1%
Spending per household on home repairs, maintenance and insurance$2,635$3,138$3,018
Median household income$72,120$95,470$80,734
Groundwork market score3447

Official counts and lending

Businesses

Official establishments, 2019 to 2023
26+4.0% over the period
Employees, 2023
197
Annual payroll, 2023
$11.2M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
100 chain locations
Listings at the U.S. rate for this spending
4The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$586K

SBA-backed loans to businesses classed as electrical contractors in the Montrose area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Montrose area

Population, 2025 estimate
44,591+4.1% since 2020
Households
18,069
Median age
46.6
Homes lived in by their owners
75%
Vehicles per household
2.1
Land area
2,241 sq. mi.
People per square mile
20
Median household income
$72,120
Average household income
$89,726
Median home value
$388,400
Jobs located here
15,713
Daytime population
41,442Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Montrose area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the electricians on map listings by name and distance.

Or open the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

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Electricians across Colorado

Every Colorado market ranked →

The highest-scoring small-town markets in Colorado for electricians, numbered among those based in Colorado, with the Montrose area marked.

Top small-town markets in Colorado

Small-town markets in Colorado ranked for electricians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Durango, CO5883.3$8.9M+2.2%#98 of 295
2Cañon City, CO5252.8$8.9M+2.4%#140 of 295
3Edwards, CO4583.6$9.1M−2.4%#183 of 295
4Breckenridge, CO37106.4$5.3M+1.1%#232 of 295
5Montrose, CO34105.5$4.8M+4.1%#250 of 295
6Rifle, CO32247.4$4.2M+1.2%#260 of 295
7Sterling, CO1356.1$3.8M−2.7%#294 of 295

Other business types in the Montrose area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many electricians are in the Montrose, CO area?

As of September 2026, map listings count 10 electricians in the Montrose area. None of them are chain locations. The listings count electricians. Official counts show 26 businesses with payroll classed as electrical contractors in 2023, up 4.0% from 2019.

How much do households in the Montrose, CO area spend on home repairs, maintenance and insurance?

About $47.6M a year, or $2,635 per household. That is 13% below the U.S. average (an index of 87, where 100 is the U.S. average). Spread across the 10 electricians on map listings, it comes to $4.8M per company. That spending covers all home repairs, maintenance and insurance, which electricians share with other businesses in the trade. It is estimated from the incomes of the 18,069 households in the Montrose area and national spending patterns by income.

How does the Montrose, CO area compare with the U.S. for electricians?

The Montrose area has 5.5 electricians per 10,000 households, 2.2 times the U.S. rate of 2.5. Spending per company is $4.8M, 60% below the U.S. figure of $12M. At the U.S. ratio of electricians to household spending, the Montrose area would have about 4, against 10 on map listings. There is one business with payroll in the industry for every 695 households, against one for every 1,550 across the U.S. The official count rose 4.0% from 2019 to 2023, against +9.2% for the U.S.

How fast is the Montrose, CO area growing?

Population estimates put the Montrose area at 44,591 people in 2025, up 4.1% since 2020, faster than the U.S. (+3.1%). It has 18,069 households. Median household income in the Montrose area is $72,120, 11% below the U.S. median of $80,734.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Montrose area scores 34 for electricians (lower middle), #250 of 295 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Montrose area. It maps the electricians on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for electricians · All 56 business types in the Montrose area

Screening a site or an acquisition in the Montrose area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Montrose area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.