Collision & Body Repair · Richmond, VA

Collision & Body Repair Market in
Richmond, VA

$179M TAM · Market Score 35/100 · Ranked #43 of 925 MSAs by TAM

Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$179M
rank #43 of 925
Market Score
35/100
rank #356 of 925 · 61th percentile
Operators
112
957 employees
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 35/100 for Collision & Body Repair

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 61th percentile nationally for Collision & Body Repair.

ComponentWeightValuePercentile
Fatal Crashes (5yr avg)35%
Fragmentation Score35%76.417
Estimated Vehicles30%1,023,43396

TAM by segment

$179M in Richmond broken down by segment

Body_collision Per Vehicle
$178M
99% of total TAM
Body_collision Hail Catastrophe
$1M
1% of total TAM

Demographic snapshot

Who lives and buys in Richmond

Population
1,341,248
5.6% 5-yr growth
Median HH income
$86,679
24.8% HHs $150K+
Housing units
569,714
16.7% age 65+
GDP per capita
$85,369

Frequently asked questions

Collision & Body Repair market in Richmond: common questions

How big is the collision & body repair market in Richmond, VA?

The collision & body repair market in Richmond, VA has a total addressable market of $179M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #43 largest collision & body repair market of 925 U.S. MSAs.

How many collision & body repair companies are in Richmond?

PinpointIQ tracks 112 collision & body repair establishments in the Richmond MSA, employing approximately 957 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Richmond rank nationally for collision & body repair?

Richmond scores 35/100 on PinpointIQ's Collision & Body Repair Market Score, ranking #356 of 925 U.S. metros — the 61th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for collision & body repair operators and investors.

What drives collision & body repair demand in Richmond?

PinpointIQ scores Richmond's collision & body repair market on 3 components: Fatal Crashes (5yr avg) (35% weight, n/a); Fragmentation Score (35% weight, 17th percentile); Estimated Vehicles (30% weight, 96th percentile). The weights are calibrated to the collision & body repair vertical and applied consistently across every U.S. MSA.

What are the biggest collision & body repair sub-segments in Richmond?

Richmond's $179M collision & body repair TAM breaks down into: Body_collision Per Vehicle ($178M, 99% of TAM); Body_collision Hail Catastrophe ($1M, 1% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the collision & body repair market?

Richmond has a population of 1,341,248 and has grown 5.6% over the last 5 years. Population change is one of the drivers of collision & body repair 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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