Gyms & Fitness Studios · Grand Rapids, MI

Gyms & Fitness Studios Market in
Grand Rapids, MI

$83M TAM · Market Score 58/100 · Ranked #51 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
$83M
rank #51 of 925
Market Score
58/100
rank #321 of 925 · 65th percentile
Operators
118
2,599 employees
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 58/100 for Gyms & Fitness Studios

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 65th percentile nationally for Gyms & Fitness Studios.

ComponentWeightValuePercentile
% HH Income >$150K35%20.4883
Fragmentation Score35%00
Total Population30%1,162,15295

TAM by segment

$83M in Grand Rapids broken down by segment

Fitness_gyms Membership
$83M
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

Gyms & Fitness Studios market in Grand Rapids: common questions

How big is the gyms & fitness studios market in Grand Rapids, MI?

The gyms & fitness studios market in Grand Rapids, MI has a total addressable market of $83M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #51 largest gyms & fitness studios market of 925 U.S. MSAs.

How many gyms & fitness studios companies are in Grand Rapids?

PinpointIQ tracks 118 gyms & fitness studios establishments in the Grand Rapids MSA, employing approximately 2,599 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Grand Rapids rank nationally for gyms & fitness studios?

Grand Rapids scores 58/100 on PinpointIQ's Gyms & Fitness Studios Market Score, ranking #321 of 925 U.S. metros — the 65th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for gyms & fitness studios operators and investors.

What drives gyms & fitness studios demand in Grand Rapids?

PinpointIQ scores Grand Rapids's gyms & fitness studios market on 3 components: % HH Income >$150K (35% weight, 83th percentile); Fragmentation Score (35% weight, 0th percentile); Total Population (30% weight, 95th percentile). The weights are calibrated to the gyms & fitness studios vertical and applied consistently across every U.S. MSA.

What are the biggest gyms & fitness studios sub-segments in Grand Rapids?

Grand Rapids's $83M gyms & fitness studios TAM breaks down into: Fitness_gyms Membership ($83M, 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 gyms & fitness studios 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 gyms & fitness studios 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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