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Electricians in the Memphis, TN-MS-AR metro area

Competitor counts, household spending and official business counts for electricians in the Memphis, TN-MS-AR metro area, set against other metro areas and the U.S.

Groundwork market score · out of 100

Score 66 out of 100: Upper middle

Ranked #65 of 383 scored metro areas
#5 of 10 scored metro areas based in Tennessee

Listings
99
2 chain locations (2%)
Official establishments
218
+1.9% since 2019
Household spending a year
$1.5B
On home repairs, maintenance and insurance · $2,774 a household
Spending per listing
$14.7M
22% above the U.S.
Listings per 10k households
1.9
24% below the U.S.
Population, 2025
1,341,412
−0.3% since 2020

See the electricians around any address in the Memphis 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 Memphis 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

Households in the Memphis metro area spend about $1.5B a year on home repairs, maintenance and insurance, or $2,774 per household, 8% below the U.S. average. Spread across 99 electricians, that is $14.7M per company, 22% above the U.S. figure of $12M. The spending figure covers all home repairs, maintenance and insurance, not only electricians.

There are 99 electricians on map listings in the Memphis metro area as of September 2026. 2 of them (2%) are chain locations, against 1% across the U.S. Per 10,000 households, that is 1.9, 24% below the U.S. rate of 2.5.

The official count of businesses with payroll classed as electrical contractors in the Memphis metro area was 218 in 2023, up 1.9% from 2019. That is one for every 2,399 households, against one for every 1,550 across the U.S. Since fiscal 2022, 5 SBA-backed loans worth $1.2M have gone to businesses classed as electrical contractors in the Memphis metro area.

Population estimates show the Memphis metro area declined 0.3% from 2020 to 2025, against +3.1% for the U.S. For electricians, the Memphis metro area has a Groundwork market score of 66 (upper middle): #65 of 383 scored metro areas and #5 of 10 scored metro areas based in Tennessee. That puts it in the top quarter of metro areas.

How the Memphis metro area compares

The same measures for Tennessee 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 Memphis, TN-MS-AR metro area compared with Tennessee and the U.S.
MeasureMemphis metro areaTennesseeU.S.
Listings per 10k households1.92.22.5
Spending per listing$14.7M$13M$12M
Households per official establishment2,3992,1481,550
Official establishment growth, 2019–2023+1.9%+19.7%+9.2%
Population growth, 2020–2025−0.3%+5.6%+3.1%
Spending per household on home repairs, maintenance and insurance$2,774$2,815$3,018
Median household income$66,401$69,595$80,734
Groundwork market score6673

Official counts and lending

Businesses

Official establishments, 2019 to 2023
218+1.9% over the period
Employees, 2023
3,469
Annual payroll, 2023
$238.6M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
992 chain locations
Listings at the U.S. rate for this spending
121The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
5
Amount
$1.2M

SBA-backed loans to businesses classed as electrical contractors in the Memphis 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 Memphis metro area

Population, 2025 estimate
1,341,412−0.3% since 2020
Households
522,879
Median age
37.6
Homes lived in by their owners
61%
Vehicles per household
1.8
Land area
4,972 sq. mi.
People per square mile
270
Median household income
$66,401
Average household income
$95,119
Median home value
$245,900
Jobs located here
640,441
Daytime population
1,368,538Residents who don’t work, plus everyone whose job is here

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

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Electricians across Tennessee

Every Tennessee market ranked →

The highest-scoring metro areas in Tennessee for electricians, numbered among those based in Tennessee, with the Memphis metro area marked.

Top metro areas in Tennessee

Metro areas in Tennessee ranked for electricians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Knoxville, TN74812.1$13.3M+6.9%#25 of 383
2Nashville-Davidson–Murfreesboro–Franklin, TN731992.4$13M+8.7%#30 of 383
3Chattanooga, TN-GA73542.3$12.3M+5.3%#31 of 383
4Johnson City, TN67151.7$15.2M+4.3%#58 of 383
5Memphis, TN-MS-AR66991.9$14.7M−0.3%#65 of 383
6Clarksville, TN-KY62322.6$10.6M+8.5%#92 of 383
7Jackson, TN60121.7$15.4M+2.2%#105 of 383
8Kingsport-Bristol, TN-VA59262.0$12.9M+2.3%#120 of 383
9Morristown, TN59122.5$10.3M+7.9%#125 of 383
10Cleveland, TN50153.0$8.9M+6.1%#199 of 383

Other business types in the Memphis metro area

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

Questions

How many electricians are in the Memphis, TN-MS-AR metro area?

As of September 2026, map listings count 99 electricians in the Memphis metro area. 2 of them (2%) are chain locations. The listings count electricians. Official counts show 218 businesses with payroll classed as electrical contractors in 2023, up 1.9% from 2019.

How much do households in the Memphis, TN-MS-AR metro area spend on home repairs, maintenance and insurance?

About $1.5B a year, or $2,774 per household. That is 8% below the U.S. average (an index of 92, where 100 is the U.S. average). Spread across the 99 electricians on map listings, it comes to $14.7M 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 522,879 households in the Memphis metro area and national spending patterns by income.

How does the Memphis, TN-MS-AR metro area compare with the U.S. for electricians?

The Memphis metro area has 1.9 electricians per 10,000 households, 24% below the U.S. rate of 2.5. Spending per company is $14.7M, 22% above the U.S. figure of $12M. At the U.S. ratio of electricians to household spending, the Memphis metro area would have about 121, against 99 on map listings. There is one business with payroll in the industry for every 2,399 households, against one for every 1,550 across the U.S. The official count rose 1.9% from 2019 to 2023, against +9.2% for the U.S.

How fast is the Memphis, TN-MS-AR metro area growing?

Population estimates put the Memphis metro area at 1,341,412 people in 2025, down 0.3% since 2020, against +3.1% for the U.S. It has 522,879 households. Median household income in the Memphis metro area is $66,401, 18% 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. 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 Memphis metro area scores 66 for electricians (upper middle), #65 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 Memphis 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 Memphis metro area

Screening a site or an acquisition in the Memphis 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 Memphis 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.