Eye Care & Optometry · Providence, RI

Eye Care & Optometry Market in
Providence, RI

$328M TAM · Market Score 76/100 · Ranked #39 of 925 MSAs by TAM

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

Total TAM
$328M
rank #39 of 925
Market Score
76/100
rank #120 of 925 · 87th percentile
Operators
103
759 employees
Pop. growth (5-yr)
4.4%
rank #301 of 872

Market Score breakdown

How Providence scored 76/100 for Eye Care & Optometry

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 87th percentile nationally for Eye Care & Optometry.

ComponentWeightValuePercentile
Population 50-6435%345,34396
Fragmentation Score35%57.938
Population 65+30%309,69996

TAM by segment

$328M in Providence broken down by segment

Care_eye Care Per Cap
$328M
100% of total TAM

Demographic snapshot

Who lives and buys in Providence

Population
1,684,071
4.4% 5-yr growth
Median HH income
$87,040
25.0% HHs $150K+
Housing units
730,957
18.4% age 65+
GDP per capita
$69,131

Frequently asked questions

Eye Care & Optometry market in Providence: common questions

How big is the eye care & optometry market in Providence, RI?

The eye care & optometry market in Providence, RI has a total addressable market of $328M, 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 eye care & optometry market of 925 U.S. MSAs.

How many eye care & optometry companies are in Providence?

PinpointIQ tracks 103 eye care & optometry establishments in the Providence MSA, employing approximately 759 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Providence rank nationally for eye care & optometry?

Providence scores 76/100 on PinpointIQ's Eye Care & Optometry Market Score, ranking #120 of 925 U.S. metros — the 87th 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 Providence?

PinpointIQ scores Providence's eye care & optometry market on 3 components: Population 50-64 (35% weight, 96th percentile); Fragmentation Score (35% weight, 38th percentile); Population 65+ (30% weight, 96th 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 Providence?

Providence's $328M eye care & optometry TAM breaks down into: Care_eye Care Per Cap ($328M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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