Fire Protection · Grand Rapids, MI

Fire Protection Market in
Grand Rapids, MI

$52M TAM · Market Score 94/100 · Ranked #57 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
$52M
rank #57 of 925
Market Score
94/100
rank #53 of 925 · 94th percentile
Operators
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 94/100 for Fire Protection

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 94th percentile nationally for Fire Protection.

ComponentWeightValuePercentile
Total Housing Units40%467,52894
New Business Applications35%13,55493
Total Population25%1,162,15295

TAM by segment

$52M in Grand Rapids broken down by segment

Protection_fire Residential Monitoring
$42M
80% of total TAM
Protection_fire Commercial Inspection
$11M
20% 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

Fire Protection market in Grand Rapids: common questions

How big is the fire protection market in Grand Rapids, MI?

The fire protection market in Grand Rapids, MI has a total addressable market of $52M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #57 largest fire protection market of 925 U.S. MSAs.

How does Grand Rapids rank nationally for fire protection?

Grand Rapids scores 94/100 on PinpointIQ's Fire Protection Market Score, ranking #53 of 925 U.S. metros — the 94th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for fire protection operators and investors.

What drives fire protection demand in Grand Rapids?

PinpointIQ scores Grand Rapids's fire protection market on 3 components: Total Housing Units (40% weight, 94th percentile); New Business Applications (35% weight, 93th percentile); Total Population (25% weight, 95th percentile). The weights are calibrated to the fire protection vertical and applied consistently across every U.S. MSA.

What are the biggest fire protection sub-segments in Grand Rapids?

Grand Rapids's $52M fire protection TAM breaks down into: Protection_fire Residential Monitoring ($42M, 80% of TAM); Protection_fire Commercial Inspection ($11M, 20% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Grand Rapids growing? How does population affect the fire protection 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 fire protection 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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