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Massachusetts contractor market

Contractor market in Massachusetts: permits, companies, and trade benchmarks

Massachusetts pulled 240K building permits in 2024, down -31.4% from 2023, against a 2023 total construction value of $402.9B. There are 9,745 HVAC/plumbing/electrical companies in the state, with 2,464 in the $1–25M revenue band. Largest metro: Boston.

240K

Permits 2024

-31.4% YoY

$402.9B

2023 construction value

All trades

2,464

ICP companies ($1–25M)

Fractional-CFO target

29 yrs

Avg company age

Established market

Trade-by-trade breakdown — Massachusetts

Where do you sit vs. peers in Massachusetts?

Free 15-min audit. We run your books against the 2,464+ contractors in the Massachusetts ICP and ranked benchmarks across DSO, gross margin, cash gap, and quote conversion. Concrete numbers, no pitch.

Browse other state markets

Permit data from ATTOM (73.7M property records, 409M permits, 2022–2024). Contractor density from ZoomInfo (494M company locations). Operating benchmarks from Level's proprietary contractor benchmark dataset (2,242 contractors, $13.25B in job revenue). See the full Level Index.