Home services · Small-town market · Virginia
Electricians in the Lake of the Woods, VA area
How the Lake of the Woods, VA 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 58 out of 100: Upper middle
Ranked #104 of 295 scored small-town markets
#2 of 2 scored small-town markets based in Virginia
- Listings
- 8
- 0 chain locations (0%)
- Official establishments
- 12
- Businesses with payroll, 2023
- Household spending a year
- $47.5M
- On home repairs, maintenance and insurance · $3,199 a household
- Spending per listing
- $5.9M
- 51% below the U.S.
- Listings per 10k households
- 5.4
- 2.2 times the U.S.
- Population, 2025
- 40,083
- +10.1% since 2020
See the electricians around any address in the Lake of the Woods 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 Lake of the Woods area. 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
As of September 2026, map listings count 8 electricians in the Lake of the Woods area. None of them are chain locations, against 1% across the U.S. That is 5.4 per 10,000 households, 2.2 times the U.S. rate of 2.5.
Households in the Lake of the Woods area spend about $47.5M a year on home repairs, maintenance and insurance, or $3,199 per household, 6% above the U.S. average. That is about $5.9M of household spending for each company on map listings, 51% 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.
The official count of businesses with payroll classed as electrical contractors in the Lake of the Woods area was 12 in 2023. That is one for every 1,238 households, against one for every 1,550 across the U.S.
Population estimates put the population change in the Lake of the Woods area from 2020 to 2025 at +10.1%, faster than the U.S. (+3.1%). For electricians, the Lake of the Woods area has a Groundwork market score of 58 (upper middle): #104 of 295 scored small-town markets and #2 of 2 scored small-town markets based in Virginia.
How the Lake of the Woods area compares
The same measures for Virginia 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 | Lake of the Woods area | Virginia | U.S. |
|---|---|---|---|
| Listings per 10k households | 5.4 | 2.3 | 2.5 |
| Spending per listing | $5.9M | $14.3M | $12M |
| Households per official establishment | 1,238 | 1,843 | 1,550 |
| Official establishment growth, 2019–2023 | n/a | +5.5% | +9.2% |
| Population growth, 2020–2025 | +10.1% | +2.8% | +3.1% |
| Spending per household on home repairs, maintenance and insurance | $3,199 | $3,295 | $3,018 |
| Median household income | $94,008 | $93,170 | $80,734 |
| Groundwork market score | 58 | 78 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 12
- Employees, 2023
- 55
- Annual payroll, 2023
- $2.8M
- One-person businesses, 2023
- Not publishedNot published for this business type
- Map listings, September 2026
- 80 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
- 0
- Amount
- $0
SBA-backed loans to businesses classed as electrical contractors in the Lake of the Woods 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 Lake of the Woods area
- Population, 2025 estimate
- 40,083+10.1% since 2020
- Households
- 14,856
- Median age
- 42.7
- Homes lived in by their owners
- 79%
- Vehicles per household
- 2.2
- Land area
- 341 sq. mi.
- People per square mile
- 111
- Median household income
- $94,008
- Average household income
- $115,533
- Median home value
- $364,200
- Jobs located here
- 9,522
- Daytime population
- 31,111Residents who don’t work, plus everyone whose job is here
Looking at a specific site in the Lake of the Woods 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 Lake of the Woods area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardElectricians across Virginia
Every Virginia market ranked →The highest-scoring small-town markets in Virginia for electricians, numbered among those based in Virginia (a market based in another state is listed without a number), with the Lake of the Woods area marked.
Top small-town markets in Virginia
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Danville, VA | 58 | 7 | 1.6 | $15M | −1.7% | #94 of 295 |
| 2Lake of the Woods, VA | 58 | 8 | 5.4 | $5.9M | +10.1% | #104 of 295 |
| Bluefield, WV-VA | 51 | 10 | 2.5 | $9.8M | −3.8% | #148 of 295 |
Other business types in the Lake of the Woods area
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 the Lake of the Woods, VA area?
The Lake of the Woods area has 8 electricians on map listings as of September 2026. None of them are chain locations. The listings count electricians. Official counts show 12 businesses with payroll classed as electrical contractors in 2023.
How much do households in the Lake of the Woods, VA area spend on home repairs, maintenance and insurance?
About $47.5M a year, or $3,199 per household. That is 6% above the U.S. average (an index of 106, where 100 is the U.S. average). Spread across the 8 electricians on map listings, it comes to $5.9M per company. The spending figure covers all home repairs, maintenance and insurance, not only electricians. It is estimated from the incomes of the 14,856 households in the Lake of the Woods area and national spending patterns by income.
How does the Lake of the Woods, VA area compare with the U.S. for electricians?
The Lake of the Woods area has 5.4 electricians per 10,000 households, 2.2 times the U.S. rate of 2.5. Spending per company is $5.9M, 51% below the U.S. figure of $12M. At the national ratio of electricians to household spending, the Lake of the Woods area would have about 4, against 8 on map listings. There is one business with payroll in the industry for every 1,238 households, against one for every 1,550 across the U.S.
How fast is the Lake of the Woods, VA area growing?
Population estimates put the Lake of the Woods area at 40,083 people in 2025, up 10.1% since 2020, faster than the U.S. (+3.1%). It has 14,856 households. The median household income in the Lake of the Woods area is $94,008 a year, 16% above 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 Lake of the Woods area scores 58 for electricians (upper middle), #104 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 Lake of the Woods 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 Lake of the Woods area
Screening a site or an acquisition in the Lake of the Woods 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 Lake of the Woods 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.