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Electricians in Madison County, IN
Competitor counts, household spending and official business counts for electricians in Madison County, IN, set against other counties and the U.S.
Groundwork market score · out of 100
Score 68 out of 100: Upper middle
Ranked #193 of 1,160 scored counties
#4 of 40 scored counties in Indiana
- Listings
- 9
- 0 chain locations (0%)
- Official establishments
- 19
- −9.5% since 2019
- Household spending a year
- $132.3M
- On home repairs, maintenance and insurance · $2,475 a household
- Spending per listing
- $14.7M
- 22% above the U.S.
- Listings per 10k households
- 1.7
- 32% below the U.S.
- Population, 2025
- 135,088
- +3.8% since 2020
See the electricians around any address in Madison County
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 Madison County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Map listings as of September 2026 show 9 electricians in Madison County. None of them are chain locations, against 1% across the U.S. That comes to 1.7 for every 10,000 households, 32% below the U.S. rate of 2.5.
At $2,475 per household (18% below the U.S. average), households in Madison County spend about $132.3M a year on home repairs, maintenance and insurance. That is about $14.7M of household spending for each company on map listings, 22% above the U.S. figure of $12M. That spending covers all home repairs, maintenance and insurance, which electricians share with other businesses in the trade.
The official count of businesses with payroll classed as electrical contractors in Madison County was 19 in 2023, down 9.5% from 2019. That is one for every 2,812 households, against one for every 1,550 across the U.S.
Population estimates show Madison County grew 3.8% from 2020 to 2025, faster than the U.S. (+3.1%). For electricians, Madison County has a Groundwork market score of 68 (upper middle): #193 of 1,160 scored counties and #4 of 40 scored counties in Indiana. That puts it in the top quarter of counties.
How Madison County compares
The same measures for Indiana 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.
| Measure | Madison County | Indiana | U.S. |
|---|---|---|---|
| Listings per 10k households | 1.7 | 2.3 | 2.5 |
| Spending per listing | $14.7M | $11.5M | $12M |
| Households per official establishment | 2,812 | 2,053 | 1,550 |
| Official establishment growth, 2019–2023 | −9.5% | +3.7% | +9.2% |
| Population growth, 2020–2025 | +3.8% | +2.7% | +3.1% |
| Spending per household on home repairs, maintenance and insurance | $2,475 | $2,669 | $3,018 |
| Median household income | $63,037 | $71,957 | $80,734 |
| Groundwork market score | 68 | 52 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 21 → 19−9.5% over the period
- Employees, 2023
- 156
- Annual payroll, 2023
- $9.6M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 90 chain locations
- Listings at the U.S. rate for this spending
- 11The U.S. ratio of listings to household spending, applied here
SBA-backed loans since fiscal 2022
- Loans
- 0
- Amount
- $0
SBA-backed loans to businesses classed as electrical contractors in Madison County, 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 Madison County
- Population, 2025 estimate
- 135,088+3.8% since 2020
- Households
- 53,429
- Median age
- 41.6
- Homes lived in by their owners
- 70%
- Vehicles per household
- 1.8
- Land area
- 452 sq. mi.
- People per square mile
- 292
- Median household income
- $63,037+27.3% vs. 2015–2019, before inflation
- Average household income
- $81,039
- Median home value
- $161,300
- Jobs located here
- 39,528
- Daytime population
- 114,511Residents who don’t work, plus everyone whose job is here
Looking at a specific site in Madison County?
These figures cover the whole county. 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 Madison County. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardElectricians across Indiana
Every Indiana market ranked →The highest-scoring counties in Indiana for electricians, numbered among those based in Indiana, with Madison County marked.
Top counties in Indiana
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Hamilton County, IN | 90 | 20 | 1.5 | $24.4M | +10.9% | #5 of 1,160 |
| 2Clark County, IN | 81 | 6 | 1.2 | $22.7M | +7.5% | #42 of 1,160 |
| 3Johnson County, IN | 77 | 11 | 1.8 | $16.9M | +7.4% | #72 of 1,160 |
| 4Madison County, IN | 68 | 9 | 1.7 | $14.7M | +3.8% | #193 of 1,160 |
| 5Hancock County, IN | 68 | 7 | 2.1 | $14.4M | +13.5% | #194 of 1,160 |
| 6Porter County, IN | 67 | 16 | 2.3 | $12.4M | +1.6% | #217 of 1,160 |
| 7Hendricks County, IN | 67 | 20 | 3.0 | $10.4M | +10.2% | #220 of 1,160 |
| 8Lake County, IN | 63 | 42 | 2.2 | $12.3M | +1.1% | #287 of 1,160 |
| 9Warrick County, IN | 63 | 7 | 2.8 | $10.6M | +4.4% | #294 of 1,160 |
| 10St. Joseph County, IN | 61 | 18 | 1.7 | $15.5M | +0.1% | #324 of 1,160 |
Other business types in Madison County
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many electricians are in Madison County, IN?
There are 9 electricians on map listings in Madison County as of September 2026. None of them are chain locations. The listings count electricians. Official counts show 19 businesses with payroll classed as electrical contractors in 2023, down 9.5% from 2019.
How much do households in Madison County, IN spend on home repairs, maintenance and insurance?
About $132.3M a year, or $2,475 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). Spread across the 9 electricians on map listings, it comes to $14.7M per company. The spending figure covers all home repairs, maintenance and insurance, not only electricians. It is estimated from the incomes of the 53,429 households in Madison County and national spending patterns by income.
How does Madison County, IN compare with the U.S. for electricians?
Madison County has 1.7 electricians per 10,000 households, 32% below the U.S. rate of 2.5. Spending per company is $14.7M, 22% above the U.S. figure of $12M. At the national ratio of electricians to household spending, Madison County would have about 11, against 9 on map listings. There is one business with payroll in the industry for every 2,812 households, against one for every 1,550 across the U.S. The official count fell 9.5% from 2019 to 2023, against +9.2% for the U.S.
How fast is Madison County, IN growing?
Population estimates put Madison County at 135,088 people in 2025, up 3.8% since 2020, faster than the U.S. (+3.1%). It has 53,429 households. The median household income in Madison County is $63,037 a year, 22% below the U.S. median of $80,734. That rose 27.3% from the 2015–2019 survey, before inflation.
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. 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. Madison County scores 68 for electricians (upper middle), #193 of 1,160 scored counties.
How can I see the market around a specific site?
Run a Groundwork site report on an address in Madison County. 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 Madison County
Screening a site or an acquisition in Madison County?
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 Madison County. 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.