Childcare & Early Education Market in
Providence, RI
$1.0B TAM · Market Score 71/100 · Ranked #39 of 925 MSAs by TAM
Bottom-up market data for the Providence, RI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Providence scored 71/100 for Childcare & Early Education
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 90th percentile nationally for Childcare & Early Education.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Kids Under 6 Needing Childcare | 40% | 53,120 | 96 |
| Fragmentation Score | 35% | 55.7 | 28 |
| % HH Income >$150K | 25% | 24.97 | 91 |
TAM by segment
$1.0B in Providence broken down by segment
Demographic snapshot
Who lives and buys in Providence
Frequently asked questions
Childcare & Early Education market in Providence: common questions
How big is the childcare & early education market in Providence, RI?
The childcare & early education market in Providence, RI has a total addressable market of $1.0B, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Providence the #39 largest childcare & early education market of 925 U.S. MSAs.
How many childcare & early education companies are in Providence?
PinpointIQ tracks 465 childcare & early education establishments in the Providence MSA, employing approximately 6,447 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Providence rank nationally for childcare & early education?
Providence scores 71/100 on PinpointIQ's Childcare & Early Education Market Score, ranking #96 of 925 U.S. metros — the 90th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for childcare & early education operators and investors.
What drives childcare & early education demand in Providence?
PinpointIQ scores Providence's childcare & early education market on 3 components: Kids Under 6 Needing Childcare (40% weight, 96th percentile); Fragmentation Score (35% weight, 28th percentile); % HH Income >$150K (25% weight, 91th percentile). The weights are calibrated to the childcare & early education vertical and applied consistently across every U.S. MSA.
What are the biggest childcare & early education sub-segments in Providence?
Providence's $1.0B childcare & early education TAM breaks down into: Childcare Full Day ($1.0B, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Providence growing? How does population affect the childcare & early education market?
Providence has a population of 1,684,071 and has grown 4.4% over the last 5 years. Population change is one of the drivers of childcare & early education demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.
TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.
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