Payne Electric Co Inc

Electrician in Indianapolis, IN 46241

About this company

Payne Electric Co Inc is listed as an electrician based in Indianapolis, Indiana, in Marion County. Federal motor carrier records list 2 drivers and 2 trucks for the company. It is one of 6 electricians in ZIP 46241.

Other electricians nearby

E-Z-A Electric Inc5209 W Naomi St, indianapolis

(317) 945-2117

Hovis Electric2925 W Minnesota St, Indianapolis

(317) 797-3071

Taylor's Electric and Plumbing4844 Melrose Ave, Indianapolis

(317) 918-8129

Taylors Electrical And Plumbing540 S Somerset Ave, Indianapolis

(317) 748-1751

Fleet size

Drivers2

Trucks2

Last federal filing: Aug 2024. Source: FMCSA.

Moderate market, crowded fieldArea profitability for electrical work in ZIP 46241

Housing demand67

Sales pace, new listings and new construction. Source: Zillow

Customer spending power18

Household income and home values

Room for another electrician19

More crowded than 81% of US ZIPs

Scored against every US ZIP. An index of local conditions, not this company's results.

County context

One of 78 electricians in Marion County, IN.

797 general contractors in Marion County, IN.

All 1,763 construction companies in Marion County, IN.

ZIP 46241 at a glance

Population: 32,565 (526 per sq mi)
Median age: 31
Households: Median income $53,653 · 15% earn six figures
Housing: 54% owner-occupied
Workforce: 63% labor-force participation · 7.7% unemployment

ZIP figures are US Census estimates for the ZIP area, not the company.

Housing market around ZIP 46241

Figures describe the local area, not this company.

Typical home value$155,000−1.0% past year · +141% in 10 years

Typical rent$1,369+0.8% past year

12-month value outlook+2.0%

New homes permitted, 20251,342Marion County

Days to sale agreement20Indianapolis metro · 16 a year ago

Listings with a price cut35.8%Indianapolis metro

Sale price vs list98.4%Indianapolis metro

New construction sales400Indianapolis metro, Aug · −12% from last year

Source: Zillow (home values, rent, outlook and metro sales), data through Sep 2026. Permits: U.S. Census Bureau.

Typical home value, last 10 years

Source: Zillow Home Value Index, Sep 2026.

Local building angle: Marion County permitted 1,342 new homes in 2025, including 285 apartment units. 11% of the homes in this ZIP were built since 2000.

Local figures are estimates from public records and Zillow housing data, updated regularly.