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Electricians in the Mankato, MN metro area

The electricians in the Mankato, MN metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 27 out of 100: Lower middle

Ranked #352 of 383 scored metro areas
#4 of 5 scored metro areas based in Minnesota

Listings
15
0 chain locations (0%)
Official establishments
29
−12.1% since 2019
Household spending a year
$110.1M
On home repairs, maintenance and insurance · $2,710 a household
Spending per listing
$7.3M
39% below the U.S.
Listings per 10k households
3.7
48% above the U.S.
Population, 2025
104,907
+1.2% since 2020

See the electricians around any address in the Mankato metro 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 Mankato metro 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

The Mankato metro area scores 27 (lower middle) on the Groundwork market score for electricians, ranking #352 of 383 scored metro areas and #4 of 5 scored metro areas based in Minnesota. That puts it in the bottom quarter of metro areas.

Map listings as of September 2026 show 15 electricians in the Mankato metro area. None of them are chain locations, against 1% across the U.S. That is 3.7 per 10,000 households, 48% above the U.S. rate of 2.5.

Household spending on home repairs, maintenance and insurance in the Mankato metro area comes to about $110.1M a year: $2,710 per household, 10% below the U.S. average. That is about $7.3M of household spending for each company on map listings, 39% below the U.S. figure of $12M. That spending covers all home repairs, maintenance and insurance, which electricians share with other businesses in the trade.

Official counts show 29 businesses with payroll classed as electrical contractors in the Mankato metro area in 2023, down 12.1% from 2019. That is one for every 1,400 households, against one for every 1,550 across the U.S. Between 2020 and 2025, the population of the Mankato metro area grew 1.2%, slower than the U.S. (+3.1%).

How the Mankato metro area compares

The same measures for Minnesota 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 Mankato, MN metro area compared with Minnesota and the U.S.
MeasureMankato metro areaMinnesotaU.S.
Listings per 10k households3.73.02.5
Spending per listing$7.3M$9.8M$12M
Households per official establishment1,4001,5051,550
Official establishment growth, 2019–2023−12.1%+0.5%+9.2%
Population growth, 2020–2025+1.2%+2.1%+3.1%
Spending per household on home repairs, maintenance and insurance$2,710$2,990$3,018
Median household income$75,808$89,062$80,734
Groundwork market score2745

Official counts and lending

Businesses

Official establishments, 2019 to 2023
29−12.1% over the period
Employees, 2023
257
Annual payroll, 2023
$19.3M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
150 chain locations
Listings at the U.S. rate for this spending
9The 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 Mankato metro 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 Mankato metro area

Population, 2025 estimate
104,907+1.2% since 2020
Households
40,608
Median age
35.6
Homes lived in by their owners
65%
Vehicles per household
2.0
Land area
1,196 sq. mi.
People per square mile
87
Median household income
$75,808+24.6% vs. 2015–2019, before inflation
Average household income
$99,501
Median home value
$268,100
Jobs located here
53,653
Daytime population
109,635Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Mankato metro area?

These figures cover the whole metro area. 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 Mankato metro area. Signed out, you see a blurred preview; on an account, each report is one action.

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Electricians across Minnesota

Every Minnesota market ranked →

The highest-scoring metro areas in Minnesota for electricians, numbered among those based in Minnesota (a market based in another state is listed without a number), with the Mankato metro area marked.

Top metro areas in Minnesota

Metro areas in Minnesota ranked for electricians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Minneapolis-St. Paul-Bloomington, MN-WI723242.2$14.5M+2.6%#34 of 383
2Rochester, MN42363.9$7.9M+2.0%#261 of 383
Sioux Falls, SD-MN40453.7$7.7M+9.5%#275 of 383
3Duluth, MN-WI35373.1$8.5M+0.2%#312 of 383
Fargo, ND-MN34423.8$7.3M+7.7%#327 of 383
4Mankato, MN27153.7$7.3M+1.2%#352 of 383
La Crosse-Onalaska, WI-MN27324.4$6.1M+0.4%#354 of 383
5St. Cloud, MN25344.4$6.2M+3.0%#359 of 383
Grand Forks, ND-MN19153.4$7.6M+0.8%#374 of 383

Other business types in the Mankato metro area

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

Questions

How many electricians are in the Mankato, MN metro area?

There are 15 electricians on map listings in the Mankato metro area as of September 2026. None of them are chain locations. The listings count electricians. Official counts show 29 businesses with payroll classed as electrical contractors in 2023, down 12.1% from 2019.

How much do households in the Mankato, MN metro area spend on home repairs, maintenance and insurance?

About $110.1M a year, or $2,710 per household. That is 10% below the U.S. average (an index of 90, where 100 is the U.S. average). Spread across the 15 electricians on map listings, it comes to $7.3M per company. The spending figure covers all home repairs, maintenance and insurance, not only electricians. It is estimated from the incomes of the 40,608 households in the Mankato metro area and national spending patterns by income.

How does the Mankato, MN metro area compare with the U.S. for electricians?

The Mankato metro area has 3.7 electricians per 10,000 households, 48% above the U.S. rate of 2.5. Spending per company is $7.3M, 39% below the U.S. figure of $12M. At the national ratio of electricians to household spending, the Mankato metro area would have about 9, against 15 on map listings. There is one business with payroll in the industry for every 1,400 households, against one for every 1,550 across the U.S. The official count fell 12.1% from 2019 to 2023, against +9.2% for the U.S.

How fast is the Mankato, MN metro area growing?

Population estimates put the Mankato metro area at 104,907 people in 2025, up 1.2% since 2020, slower than the U.S. (+3.1%). It has 40,608 households. The median household income in the Mankato metro area is $75,808 a year, 6% below the U.S. median of $80,734. That rose 24.6% 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. The Mankato metro area scores 27 for electricians (lower middle), #352 of 383 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Mankato metro 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 Mankato metro area

Screening a site or an acquisition in the Mankato metro 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 Mankato metro 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.