NAICS 238220

HVAC, Plumbing & Mechanical Contractors in Redwood City, CA

The 4 ZIP codes assigned to Redwood City contained 43 HVAC & Plumbing establishments in 2023, of which 4 employed 10 or more people.

Establishments (2023)
43
4 ZIP codes
10 or more employees
4
Practical financing floor
Share of county
18%
San Mateo County
City population
82,178
2025 estimate

Figures cover the ZIP codes the U.S. Postal Service assigns to Redwood City (94061, 94062, 94063, 94065). ZIP areas are not municipal boundaries: they can extend beyond city limits and are shared between neighbouring places. This is a count of establishments in Redwood City's ZIP codes, not a count of businesses inside its city limits.

Establishments by size

Employee-count distribution. For most buyers the businesses worth pursuing sit in the 5 to 49 range: large enough to have a manager and real systems, small enough to be owner-operated.

EmployeesEstablishmentsShareDistribution
1-42455.8%
5-91023.3%
10-1949.3%

How this market compares

Redwood City against every other city in California on the same measure. City figures cover the ZIP codes assigned to the place rather than its municipal boundary, so they are compared as a share of the businesses in those same ZIP codes rather than per resident. Cities with fewer than 500 businesses in total are left unranked.

Above average1.31% of local businesses, against 1.09% statewide

A larger slice of the local business base than the statewide share. Usually a sign of genuine local demand rather than oversupply.

Vs state share
+20%
Share of local businesses
Rank by count
#52
of 358 cities
Rank by share
#120
of 289 ranked
Since 2020
+13%
Change in establishments

This compares how much of Redwood City’s business base is hvac, plumbing & mechanical contractors, against the California figure. Base: 3,279 establishments across all industries in the same ZIP codes, 2023. It does not measure revenue, profitability or whether a market is worth entering.

Business size mix

Redwood City tracks the California size distribution closely.

Share of establishmentsRedwood CityCaliforniaDifference
Under 5 employeesOwner-operated, often no management layer55.8%57.6%-1.8%
5 to 49 employeesThe range most individual buyers target32.6%21.9%+10.7%
10 or more employeesPractical floor for acquisition financing9.3%10.1%-0.8%

Nearest comparable markets

The closest places to Redwood City that also have HVAC & Plumbing establishments on record. Useful for spotting a gap next door, or realising the market you are looking at is already served from the town over.

MarketEstablishmentsVs state share
San Carlos17+15%
Menlo Park7-64%
Belmont5-34%
San Mateo41-13%
Palo Alto10-76%

The wider San Mateo County market

Employment and payroll are reported at county level only, so the figures below describe the county Redwood City sits in.

County establishments (2023)
233
San Mateo County
County employees
2,301
Mid-March employment
County annual payroll
$237M
All establishments
Full HVAC & Plumbing data for San Mateo County

What acquirers look at

Recurring maintenance contracts, emergency pricing power and licensed-technician scarcity make the mechanical trades the most consolidated category in small business. Owner age skews high and private equity has been rolling them up since 2019. Plumbing is frequently acquired as a bolt-on to an existing HVAC platform to share dispatch and trucks.

Other industries in Redwood City

Nearby cities

Sources

  1. U.S. Census Bureau, 2023 ZIP Code Business Patterns. Establishment counts and size distribution by ZIP code and NAICS, aggregated over the ZIP codes assigned to each city. Retrieved 2026-09-08.
  2. U.S. Census Bureau, 2023 County Business Patterns. Establishment counts, employment and annual payroll by NAICS. Retrieved 2026-09-08.
  3. U.S. Bureau of Labor Statistics, Quarterly Census of Employment and Wages (2026Q1). Quarterly establishment counts and employment for employers covered by unemployment insurance. Retrieved 2026-09-08.