NAICS 238210

Electrical Contractors in San Mateo, CA

The 4 ZIP codes assigned to San Mateo contained 29 Electrical establishments in 2023.

Establishments (2023)
29
4 ZIP codes
10 or more employees
n/a
Practical financing floor
Share of county
14%
San Mateo County
City population
103,337
2025 estimate

Figures cover the ZIP codes the U.S. Postal Service assigns to San Mateo (94401, 94402, 94403, 94404). 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 San Mateo'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
1-41965.5%
5-9310.3%

How this market compares

San Mateo 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.

Below average0.67% of local businesses, against 0.94% statewide

A smaller slice of the local business base than the statewide share. Often an underserved market, though it can also mean the work is done by firms based in a neighbouring town.

Vs state share
-28%
Share of local businesses
Rank by count
#78
of 354 cities
Rank by share
#226
of 288 ranked
Since 2020
-3%
Change in establishments

This compares how much of San Mateo’s business base is electrical contractors, against the California figure. Base: 4,307 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

San Mateo is more fragmented than California as a whole: a larger share of very small operators. Fragmented markets are where roll-ups are assembled, and where an owner nearing retirement has no obvious internal buyer.

Share of establishmentsSan MateoCaliforniaDifference
Under 5 employeesOwner-operated, often no management layer65.5%58.6%+7.0%
5 to 49 employeesThe range most individual buyers target10.3%18.4%-8.1%
10 or more employeesPractical floor for acquisition financing0.0%8.9%-8.9%

Nearest comparable markets

The closest places to San Mateo that also have Electrical 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
Belmont18+176%
Burlingame16-22%
San Carlos25+96%
Millbrae6+18%
Redwood City24-22%

The wider San Mateo County market

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

County establishments (2023)
206
San Mateo County
County employees
5,065
Mid-March employment
County annual payroll
$576M
All establishments
Full Electrical data for San Mateo County

What acquirers look at

Licensing requirements limit new entrants. Service and small-commercial work is far more acquirable than new-construction shops, which carry heavy working-capital and bonding needs.

Other industries in San Mateo

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.