Eye Care & Optometry · Grand Rapids, MI

Eye Care & Optometry Market in
Grand Rapids, MI

$216M TAM · Market Score 74/100 · Ranked #49 of 925 MSAs by TAM

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

Total TAM
$216M
rank #49 of 925
Market Score
74/100
rank #136 of 925 · 85th percentile
Operators
81
609 employees
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 74/100 for Eye Care & Optometry

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 85th percentile nationally for Eye Care & Optometry.

ComponentWeightValuePercentile
Population 50-6435%209,01295
Fragmentation Score35%5636
Population 65+30%184,15294

TAM by segment

$216M in Grand Rapids broken down by segment

Care_eye Care Per Cap
$216M
100% of total TAM

Demographic snapshot

Who lives and buys in Grand Rapids

Population
1,162,152
11.8% 5-yr growth
Median HH income
$82,874
20.5% HHs $150K+
Housing units
467,528
15.8% age 65+
GDP per capita
$75,888

Frequently asked questions

Eye Care & Optometry market in Grand Rapids: common questions

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

The eye care & optometry market in Grand Rapids, MI has a total addressable market of $216M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #49 largest eye care & optometry market of 925 U.S. MSAs.

How many eye care & optometry companies are in Grand Rapids?

PinpointIQ tracks 81 eye care & optometry establishments in the Grand Rapids MSA, employing approximately 609 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Grand Rapids rank nationally for eye care & optometry?

Grand Rapids scores 74/100 on PinpointIQ's Eye Care & Optometry Market Score, ranking #136 of 925 U.S. metros — the 85th 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 Grand Rapids?

PinpointIQ scores Grand Rapids's eye care & optometry market on 3 components: Population 50-64 (35% weight, 95th percentile); Fragmentation Score (35% weight, 36th percentile); Population 65+ (30% weight, 94th 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 Grand Rapids?

Grand Rapids's $216M eye care & optometry TAM breaks down into: Care_eye Care Per Cap ($216M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Grand Rapids has a population of 1,162,152 and has grown 11.8% 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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