Eye Care & Optometry · Detroit, MI

Eye Care & Optometry Market in
Detroit, MI

$751M TAM · Market Score 73/100 · Ranked #17 of 925 MSAs by TAM

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

Total TAM
$751M
rank #17 of 925
Market Score
73/100
rank #150 of 925 · 84th percentile
Operators
187
1,606 employees
Pop. growth (5-yr)
1.7%
rank #438 of 872

Market Score breakdown

How Detroit scored 73/100 for Eye Care & Optometry

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Detroit ranks in the 84th percentile nationally for Eye Care & Optometry.

ComponentWeightValuePercentile
Population 50-6435%894,28499
Fragmentation Score35%42.624
Population 65+30%778,67999

TAM by segment

$751M in Detroit broken down by segment

Care_eye Care Per Cap
$751M
100% of total TAM

Demographic snapshot

Who lives and buys in Detroit

Population
4,376,828
1.7% 5-yr growth
Median HH income
$76,664
21.0% HHs $150K+
Housing units
1,926,157
17.8% age 65+
GDP per capita
$79,519

Frequently asked questions

Eye Care & Optometry market in Detroit: common questions

How big is the eye care & optometry market in Detroit, MI?

The eye care & optometry market in Detroit, MI has a total addressable market of $751M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Detroit the #17 largest eye care & optometry market of 925 U.S. MSAs.

How many eye care & optometry companies are in Detroit?

PinpointIQ tracks 187 eye care & optometry establishments in the Detroit MSA, employing approximately 1,606 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Detroit rank nationally for eye care & optometry?

Detroit scores 73/100 on PinpointIQ's Eye Care & Optometry Market Score, ranking #150 of 925 U.S. metros — the 84th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for eye care & optometry operators and investors.

What drives eye care & optometry demand in Detroit?

PinpointIQ scores Detroit's eye care & optometry market on 3 components: Population 50-64 (35% weight, 99th percentile); Fragmentation Score (35% weight, 24th percentile); Population 65+ (30% weight, 99th percentile). The weights are calibrated to the eye care & optometry vertical and applied consistently across every U.S. MSA.

What are the biggest eye care & optometry sub-segments in Detroit?

Detroit's $751M eye care & optometry TAM breaks down into: Care_eye Care Per Cap ($751M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Detroit growing? How does population affect the eye care & optometry market?

Detroit has a population of 4,376,828 and has grown 1.7% over the last 5 years. Population change is one of the drivers of eye care & optometry 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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