Groundwork

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Electricians in the Marshalltown, IA area

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

Groundwork market score

Not scored

The score needs at least 5 listings; this market has 3.

Listings
3
0 chain locations (0%)
Official establishments
10
Businesses with payroll, 2023
Household spending a year
$39.7M
On home repairs, maintenance and insurance · $2,565 a household
Spending per listing
$13.2M
10% above the U.S.
Listings per 10k households
1.9
24% below the U.S.
Population, 2025
39,890
−0.5% since 2020

See the electricians around any address in the Marshalltown 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 Marshalltown area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

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

What this means

Household spending on home repairs, maintenance and insurance in the Marshalltown area comes to about $39.7M a year: $2,565 per household, 15% below the U.S. average. That works out to $13.2M per company, 10% above the U.S. figure of $12M. The spending figure covers all home repairs, maintenance and insurance, not only electricians.

The Marshalltown area has 3 electricians on map listings as of September 2026. That comes to 1.9 for every 10,000 households, 24% below the U.S. rate of 2.5.

Official counts show 10 businesses with payroll classed as electrical contractors in the Marshalltown area in 2023. That is one for every 1,550 households, against one for every 1,550 across the U.S.

Population estimates put the population change in the Marshalltown area from 2020 to 2025 at −0.5%, against +3.1% for the U.S. With 3 electricians on map listings, the Marshalltown area isn’t given a market score: the score needs at least 5, since one listing more or less would swing it.

How the Marshalltown area compares

The same measures for Iowa 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 Marshalltown, IA area compared with Iowa and the U.S.
MeasureMarshalltown areaIowaU.S.
Listings per 10k households1.93.52.5
Spending per listing$13.2M$7.8M$12M
Households per official establishment1,5501,4591,550
Official establishment growth, 2019–2023n/a+9.2%+9.2%
Population growth, 2020–2025−0.5%+1.5%+3.1%
Spending per household on home repairs, maintenance and insurance$2,565$2,714$3,018
Median household income$73,315$75,059$80,734
Groundwork market scoreNot scored29

Official counts and lending

Businesses

Official establishments, 2019 to 2023
10
Employees, 2023
29
Annual payroll, 2023
$1.7M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
30 chain locations
Listings at the U.S. rate for this spending
3The 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 the Marshalltown 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 Marshalltown area

Population, 2025 estimate
39,890−0.5% since 2020
Households
15,496
Median age
39.9
Homes lived in by their owners
75%
Vehicles per household
2.1
Land area
573 sq. mi.
People per square mile
70
Median household income
$73,315+29.9% vs. 2015–2019, before inflation
Average household income
$85,510
Median home value
$145,500
Jobs located here
15,779
Daytime population
36,753Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Marshalltown 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 Marshalltown area. Signed out, you see a blurred preview; on an account, each report is one action.

Free10 actions over 3 days, no card

Electricians across Iowa

Every Iowa market ranked →

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

Top small-town markets in Iowa

Small-town markets in Iowa ranked for electricians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Pella, IA6853.8$7.3M+2.3%#39 of 295
2Clinton, IA4384.1$6.3M−0.9%#195 of 295
3Mason City, IA3894.0$6.6M−1.5%#220 of 295
4Muscatine, IA3884.6$5.5M−3.0%#222 of 295
5Spirit Lake, IA3466.8$4.2M+1.7%#251 of 295
6Fort Dodge, IA2974.6$5.4M−0.4%#271 of 295
7Storm Lake, IA2179.3$2.9M−1.7%#286 of 295
Marshalltown, IANot scored31.9$13.2M−0.5%

Other business types in the Marshalltown area

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

Questions

How many electricians are in the Marshalltown, IA area?

Map listings as of September 2026 show 3 electricians in the Marshalltown area. The listings count electricians. Official counts show 10 businesses with payroll classed as electrical contractors in 2023.

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

About $39.7M a year, or $2,565 per household. That is 15% below the U.S. average (an index of 85, where 100 is the U.S. average). Spread across the 3 electricians on map listings, it comes to $13.2M 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 15,496 households in the Marshalltown area and national spending patterns by income.

How does the Marshalltown, IA area compare with the U.S. for electricians?

The Marshalltown area has 1.9 electricians per 10,000 households, 24% below the U.S. rate of 2.5. Spending per company is $13.2M, 10% above the U.S. figure of $12M. The count on map listings matches the U.S. ratio of electricians to household spending. There is one business with payroll in the industry for every 1,550 households, against one for every 1,550 across the U.S.

How fast is the Marshalltown, IA area growing?

Population estimates put the Marshalltown area at 39,890 people in 2025, down 0.5% since 2020, against +3.1% for the U.S. It has 15,496 households. Median household income in the Marshalltown area is $73,315, 9% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 29.9%, 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. 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 Marshalltown area has no market score for electricians: the score needs at least 5 on map listings, and it has 3.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Marshalltown 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 Marshalltown area

Screening a site or an acquisition in the Marshalltown 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 Marshalltown 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.