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Electricians in the Richmond, VA metro area

How the Richmond, VA metro area compares with other metro areas and the U.S. for electricians: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 65 out of 100: Upper middle

Ranked #70 of 383 scored metro areas
#2 of 9 scored metro areas based in Virginia

Listings
134
1 chain location (1%)
Official establishments
364
+5.3% since 2019
Household spending a year
$1.7B
On home repairs, maintenance and insurance · $3,147 a household
Spending per listing
$12.5M
4% above the U.S.
Listings per 10k households
2.5
In line with the U.S.
Population, 2025
1,389,338
+5.5% since 2020

See the electricians around any address in the Richmond 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 Richmond 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

Map listings as of September 2026 show 134 electricians in the Richmond metro area. One of them (1%) is a chain location, against 1% across the U.S. Per 10,000 households, that is 2.5, in line with the U.S. rate of 2.5.

Households in the Richmond metro area spend about $1.7B a year on home repairs, maintenance and insurance, or $3,147 per household, 4% above the U.S. average. That is about $12.5M of household spending for each company on map listings, 4% 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.

Official counts show 364 businesses with payroll classed as electrical contractors in the Richmond metro area in 2023, up 5.3% from 2019. That is one for every 1,465 households, against one for every 1,550 across the U.S. Since fiscal 2022, 7 SBA-backed loans worth $1.4M have gone to businesses classed as electrical contractors in the Richmond metro area.

Between 2020 and 2025, the population of the Richmond metro area grew 5.5%, faster than the U.S. (+3.1%). The Groundwork market score for electricians in the Richmond metro area is 65 (upper middle), #70 of 383 scored metro areas and #2 of 9 scored metro areas based in Virginia. That puts it in the top quarter of metro areas.

How the Richmond metro 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.

Electricians in Richmond, VA metro area compared with Virginia and the U.S.
MeasureRichmond metro areaVirginiaU.S.
Listings per 10k households2.52.32.5
Spending per listing$12.5M$14.3M$12M
Households per official establishment1,4651,8431,550
Official establishment growth, 2019–2023+5.3%+5.5%+9.2%
Population growth, 2020–2025+5.5%+2.8%+3.1%
Spending per household on home repairs, maintenance and insurance$3,147$3,295$3,018
Median household income$86,679$93,170$80,734
Groundwork market score6578

Official counts and lending

Businesses

Official establishments, 2019 to 2023
364+5.3% over the period
Employees, 2023
5,012
Annual payroll, 2023
$360.9M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
1341 chain location
Listings at the U.S. rate for this spending
140The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
7
Amount
$1.4M

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

Population, 2025 estimate
1,389,338+5.5% since 2020
Households
533,430
Median age
40.2
Homes lived in by their owners
67%
Vehicles per household
1.9
Land area
4,368 sq. mi.
People per square mile
307
Median household income
$86,679+26.5% vs. 2015–2019, before inflation
Average household income
$117,479
Median home value
$353,500
Jobs located here
693,750
Daytime population
1,389,666Residents who don’t work, plus everyone whose job is here

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

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Electricians across Virginia

Every Virginia market ranked →

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

Top metro areas in Virginia

Metro areas in Virginia ranked for electricians by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
Washington-Arlington-Alexandria, DC-VA-MD-WV855152.2$17.7M+3.3%#4 of 383
1Charlottesville, VA73151.7$19.8M+3.1%#27 of 383
2Richmond, VA651342.5$12.5M+5.5%#70 of 383
3Winchester, VA-WV63152.7$11.4M+6.5%#83 of 383
4Virginia Beach-Chesapeake-Norfolk, VA-NC601812.6$11.8M+0.9%#111 of 383
Kingsport-Bristol, TN-VA59262.0$12.9M+2.3%#120 of 383
5Roanoke, VA58292.2$12.6M+0.4%#127 of 383
6Blacksburg-Christiansburg-Radford, VA58162.3$12M−0.1%#129 of 383
7Lynchburg, VA51252.4$11.3M+2.9%#185 of 383
8Harrisonburg, VA51132.6$10.9M+3.5%#186 of 383

Other business types in the Richmond metro area

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

Questions

How many electricians are in the Richmond, VA metro area?

There are 134 electricians on map listings in the Richmond metro area as of September 2026. One of them (1%) is a chain location. The listings count electricians. Official counts show 364 businesses with payroll classed as electrical contractors in 2023, up 5.3% from 2019.

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

About $1.7B a year, or $3,147 per household. That is 4% above the U.S. average (an index of 104, where 100 is the U.S. average). Spread across the 134 electricians on map listings, it comes to $12.5M per company. The spending figure covers all home repairs, maintenance and insurance, not only electricians. It is estimated from the incomes of the 533,430 households in the Richmond metro area and national spending patterns by income.

How does the Richmond, VA metro area compare with the U.S. for electricians?

The Richmond metro area has 2.5 electricians per 10,000 households, in line with the U.S. rate of 2.5. Spending per company is $12.5M, 4% above the U.S. figure of $12M. At the national ratio of electricians to household spending, the Richmond metro area would have about 140, against 134 on map listings. There is one business with payroll in the industry for every 1,465 households, against one for every 1,550 across the U.S. The official count rose 5.3% from 2019 to 2023, against +9.2% for the U.S.

How fast is the Richmond, VA metro area growing?

Population estimates put the Richmond metro area at 1,389,338 people in 2025, up 5.5% since 2020, faster than the U.S. (+3.1%). It has 533,430 households. The median household income in the Richmond metro area is $86,679 a year, 7% above the U.S. median of $80,734. That rose 26.5% 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 Richmond metro area scores 65 for electricians (upper middle), #70 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 Richmond 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 Richmond metro area

Screening a site or an acquisition in the Richmond 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 Richmond 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.