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HVAC and plumbing companies in the Memphis, TN-MS-AR metro area

How the Memphis, TN-MS-AR metro area compares with other metro areas and the U.S. for HVAC and plumbing companies: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 61 out of 100: Upper middle

Ranked #107 of 387 scored metro areas
#5 of 10 scored metro areas based in Tennessee

Listings
272
20 chain locations (7%)
Official establishments
349
+5.8% since 2019
Household spending a year
$1.5B
On home repairs, maintenance and insurance · $2,774 a household
Spending per listing
$5.3M
12% above the U.S.
Listings per 10k households
5.2
17% below the U.S.
Population, 2025
1,341,412
−0.3% since 2020

See the HVAC and plumbing companies around any address in the Memphis metro 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 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. That works out to $5.3M per company, 12% above the U.S. figure of $4.8M. The spending figure covers all home repairs, maintenance and insurance, not only HVAC and plumbing companies.

There are 272 HVAC and plumbing companies on map listings in the Memphis metro area as of September 2026. Chain locations make up 7% of them, against 4% across the U.S. Per 10,000 households, that is 5.2, 17% below the U.S. rate of 6.3.

Official counts show 349 businesses with payroll classed as plumbing, heating and air-conditioning contractors in the Memphis metro area in 2023, up 5.8% from 2019. That is one for every 1,498 households, against one for every 1,162 across the U.S. Since fiscal 2022, 6 SBA-backed loans worth $1M have gone to businesses classed as plumbing, heating and air-conditioning contractors in the Memphis metro area.

Between 2020 and 2025, the population of the Memphis metro area declined 0.3%, against +3.1% for the U.S. The Memphis metro area scores 61 (upper middle) on the Groundwork market score for HVAC and plumbing companies, ranking #107 of 387 scored metro areas and #5 of 10 scored metro areas based in Tennessee.

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 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 Memphis, TN-MS-AR metro area compared with Tennessee and the U.S.
MeasureMemphis metro areaTennesseeU.S.
Listings per 10k households5.26.16.3
Spending per listing$5.3M$4.6M$4.8M
Households per official establishment1,4981,4871,162
Official establishment growth, 2019–2023+5.8%+15.4%+7.6%
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 score6165

Official counts and lending

Businesses

Official establishments, 2019 to 2023
349+5.8% over the period
Employees, 2023
5,311
Annual payroll, 2023
$357.4M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
27220 chain locations
Listings at the U.S. rate for this spending
305The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
6
Amount
$1M

SBA-backed loans to businesses classed as plumbing, heating and air-conditioning 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 HVAC and plumbing companies 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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HVAC and plumbing across Tennessee

Every Tennessee market ranked →

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

Top metro areas in Tennessee

Metro areas in Tennessee ranked for HVAC and plumbing companies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Nashville-Davidson–Murfreesboro–Franklin, TN765196.3$5M+8.7%#17 of 387
2Clarksville, TN-KY69685.4$5M+8.5%#53 of 387
3Knoxville, TN662255.9$4.8M+6.9%#66 of 387
4Kingsport-Bristol, TN-VA64634.8$5.3M+2.3%#73 of 387
5Memphis, TN-MS-AR612725.2$5.3M−0.3%#107 of 387
6Chattanooga, TN-GA561677.2$4M+5.3%#145 of 387
7Morristown, TN52357.3$3.5M+7.9%#184 of 387
8Johnson City, TN49616.9$3.7M+4.3%#205 of 387
9Cleveland, TN46479.4$2.8M+6.1%#232 of 387
10Jackson, TN30527.2$3.6M+2.2%#344 of 387

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 HVAC and plumbing companies are in the Memphis, TN-MS-AR metro area?

As of September 2026, map listings count 272 HVAC and plumbing companies in the Memphis metro area. 20 of them (7%) are chain locations. The listings count heating and air-conditioning companies and plumbers. Official counts show 349 businesses with payroll classed as plumbing, heating and air-conditioning contractors in 2023, up 5.8% 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 272 HVAC and plumbing companies on map listings, it comes to $5.3M per company. That spending covers all home repairs, maintenance and insurance, which HVAC and plumbing companies 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 HVAC and plumbing companies?

The Memphis metro area has 5.2 HVAC and plumbing companies per 10,000 households, 17% below the U.S. rate of 6.3. Spending per company is $5.3M, 12% above the U.S. figure of $4.8M. At the U.S. ratio of HVAC and plumbing companies to household spending, the Memphis metro area would have about 305, against 272 on map listings. There is one business with payroll in the industry for every 1,498 households, against one for every 1,162 across the U.S. The official count rose 5.8% from 2019 to 2023, against +7.6% 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 61 for HVAC and plumbing companies (upper middle), #107 of 387 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 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 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.