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Home services · Small-town market · Indiana

HVAC and plumbing companies in the Bedford, IN area

Competitor counts, household spending and official business counts for HVAC and plumbing companies in the Bedford, IN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 38 out of 100: Lower middle

Ranked #364 of 476 scored small-town markets
#18 of 23 scored small-town markets based in Indiana

Listings
15
0 chain locations (0%)
Official establishments
16
Businesses with payroll, 2023
Household spending a year
$47.3M
On home repairs, maintenance and insurance · $2,473 a household
Spending per listing
$3.2M
34% below the U.S.
Listings per 10k households
7.8
24% above the U.S.
Population, 2025
45,568
+1.2% since 2020

See the HVAC and plumbing companies around any address in the Bedford area

The site report maps the HVAC and plumbing companies 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 Bedford 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 Groundwork market score for HVAC and plumbing companies in the Bedford area is 38 (lower middle), #364 of 476 scored small-town markets and #18 of 23 scored small-town markets based in Indiana. That puts it in the bottom quarter of small-town markets.

As of September 2026, map listings count 15 HVAC and plumbing companies in the Bedford area. None of them are chain locations, against 4% across the U.S. That is 7.8 per 10,000 households, 24% above the U.S. rate of 6.3.

Households in the Bedford area spend about $47.3M a year on home repairs, maintenance and insurance, or $2,473 per household, 18% below the U.S. average. Spread across 15 HVAC and plumbing companies, that is $3.2M per company, 34% below the U.S. figure of $4.8M. That spending covers all home repairs, maintenance and insurance, which HVAC and plumbing companies share with other businesses in the trade.

The official count of businesses with payroll classed as plumbing, heating and air-conditioning contractors in the Bedford area was 16 in 2023. That is one for every 1,196 households, against one for every 1,162 across the U.S. Since fiscal 2022, 1 SBA-backed loan worth $1M has gone to businesses classed as plumbing, heating and air-conditioning contractors in the Bedford area. Population estimates put the population change in the Bedford area from 2020 to 2025 at +1.2%, slower than the U.S. (+3.1%).

How the Bedford area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all home repairs, maintenance and insurance by the HVAC and plumbing companies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

HVAC and plumbing in Bedford, IN area compared with Indiana and the U.S.
MeasureBedford areaIndianaU.S.
Listings per 10k households7.86.66.3
Spending per listing$3.2M$4M$4.8M
Households per official establishment1,1961,3531,162
Official establishment growth, 2019–2023n/a+5.5%+7.6%
Population growth, 2020–2025+1.2%+2.7%+3.1%
Spending per household on home repairs, maintenance and insurance$2,473$2,669$3,018
Median household income$66,468$71,957$80,734
Groundwork market score3841

Official counts and lending

Businesses

Official establishments, 2019 to 2023
16
Employees, 2023
68
Annual payroll, 2023
$3.3M
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
10The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
1
Amount
$1M

SBA-backed loans to businesses classed as plumbing, heating and air-conditioning contractors in the Bedford 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 Bedford area

Population, 2025 estimate
45,568+1.2% since 2020
Households
19,135
Median age
42.9
Homes lived in by their owners
81%
Vehicles per household
2.1
Land area
449 sq. mi.
People per square mile
100
Median household income
$66,468+24.0% vs. 2015–2019, before inflation
Average household income
$82,010
Median home value
$175,000
Jobs located here
12,745
Daytime population
38,519Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Bedford 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 HVAC and plumbing companies on map listings by name and distance.

Or open the report at the center of the Bedford area. Signed out, you see a blurred preview; on an account, each report is one action.

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HVAC and plumbing across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for HVAC and plumbing companies, numbered among those based in Indiana, with the Bedford area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Kendallville, IN7752.8$9.4M+1.0%#19 of 476
2Auburn, IN7274.1$6.4M+2.9%#40 of 476
3Greensburg, IN6154.7$5.7M+0.4%#125 of 476
4Frankfort, IN6175.6$4.5M+0.4%#129 of 476
5Monticello, IN6054.9$5.2M+2.0%#137 of 476
6Warsaw, IN60216.6$4.1M+0.9%#141 of 476
7Madison, IN5886.3$4M+0.6%#155 of 476
8Marion, IN54114.1$5.6M0.0%#188 of 476
9Richmond, IN54145.2$4.6M−0.5%#192 of 476
10Decatur, IN5386.5$4M+2.2%#205 of 476
18Bedford, IN38157.8$3.2M+1.2%#364 of 476

Other business types in the Bedford area

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

Questions

How many HVAC and plumbing companies are in the Bedford, IN area?

The Bedford area has 15 HVAC and plumbing companies on map listings as of September 2026. None of them are chain locations. The listings count heating and air-conditioning companies and plumbers. Official counts show 16 businesses with payroll classed as plumbing, heating and air-conditioning contractors in 2023.

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

About $47.3M a year, or $2,473 per household. That is 18% below the U.S. average (an index of 82, where 100 is the U.S. average). Spread across the 15 HVAC and plumbing companies on map listings, it comes to $3.2M per company. The spending figure covers all home repairs, maintenance and insurance, not only HVAC and plumbing companies. It is estimated from the incomes of the 19,135 households in the Bedford area and national spending patterns by income.

How does the Bedford, IN area compare with the U.S. for HVAC and plumbing companies?

The Bedford area has 7.8 HVAC and plumbing companies per 10,000 households, 24% above the U.S. rate of 6.3. Spending per company is $3.2M, 34% below the U.S. figure of $4.8M. At the national ratio of HVAC and plumbing companies to household spending, the Bedford area would have about 10, against 15 on map listings. There is one business with payroll in the industry for every 1,196 households, against one for every 1,162 across the U.S.

How fast is the Bedford, IN area growing?

Population estimates put the Bedford area at 45,568 people in 2025, up 1.2% since 2020, slower than the U.S. (+3.1%). It has 19,135 households. The median household income in the Bedford area is $66,468 a year, 18% below the U.S. median of $80,734. That rose 24.0% 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. 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 Bedford area scores 38 for HVAC and plumbing companies (lower middle), #364 of 476 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Bedford area. It maps the HVAC and plumbing companies 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 HVAC and plumbing companies · All 56 business types in the Bedford area

Screening a site or an acquisition in the Bedford 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 Bedford 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.