Market Data

How Many Electrical Contractors Are in Madison, WI? (2026 Data)

Madison, WI · pop. 694,345 178 electrical contractors in this metro — 25.6 per 100,000 residents
25.6per 100k here
22.7typical U.S. metro
+13%vs. typical metro
Market verdict balanced Roughly typical competition — winning here comes down to outmarketing the businesses already in the map pack.

Electrical Contractors per 100,000 residents

Madison, WI25.6Typical U.S. metro22.7U.S. average24.2

Saturation vs. all 387 U.S. metros

Madison · #242Least saturated (opportunity)Most saturated

Madison ranks #242 of 387 — more saturated than 63% of U.S. metros.

What the data says about the Madison electrical contractors market

According to U.S. Census Bureau data, there are 178 electrical contractors serving the Madison, WI area (population 694,345) — 25.6 per 100,000 residents. That's +13% above the typical U.S. metro (22.7 per 100k), making Madison more saturated than 63% of the 387 metros we track.

For context, the national average is 24.2 per 100k — higher than the typical metro because dense urban areas pull it up. The Madison, WI population grew 1.8% from 2020 to 2023, a signal of steady local demand.

Should you open an electrical business in Madison?

It's a balanced market. Madison sits near the U.S. median for electrical contractors per capita, with 1.8% population growth. There's room, but winning comes down to outmarketing the electrical contractors already operating here.

How to win the Madison market with AI

Market data tells you the playing field. Winning it is about marketing — and that's where most electrical contractors leave money on the table. Here's the high-ROI playbook:

  • Own local search. Optimize your Google Business Profile and local SEO so you show up in the map pack for "electrical business near me."
  • Capture every lead. Most electrical businesss miss 20–30% of calls. AI call capture turns those into booked customers.
  • Compound with reviews and content. Use AI to systematize reviews, follow-up, and local content.

See the full playbook for your industry: AI marketing for electrical contractors.

Madison electrical contractors market — FAQ

How many electrical contractors are there in Madison, WI?

There are 178 electrical contractors in the Madison, WI area — about 25.6 per 100,000 residents.

Is Madison, WI a good place to open an electrical business?

Madison ranks #242 of 387 U.S. metros by electrical contractors per capita (balanced). With 25.6 per 100,000 residents and 1.8% population growth since 2020, it's a typical market for a well-marketed electrical business.

Is the Madison electrical contractors market saturated?

Madison has 25.6 electrical contractors per 100,000 residents versus a U.S. median of 22.7 — balanced, more saturated than 63% of U.S. metros.

How fast is Madison, WI growing?

The Madison, WI metro population grew 1.8% from 2020 to 2023, to about 694,345 residents.