Gyms & Fitness Studios · Indianapolis, IN

Gyms & Fitness Studios Market in
Indianapolis, IN

$159M TAM · Market Score 76/100 · Ranked #34 of 925 MSAs by TAM

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

Total TAM
$159M
rank #34 of 925
Market Score
76/100
rank #48 of 925 · 95th percentile
Operators
287
4,145 employees
Pop. growth (5-yr)
7.1%
rank #190 of 872

Market Score breakdown

How Indianapolis scored 76/100 for Gyms & Fitness Studios

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Indianapolis ranks in the 95th percentile nationally for Gyms & Fitness Studios.

ComponentWeightValuePercentile
% HH Income >$150K35%21.5886
Fragmentation Score35%34.849
Total Population30%2,130,05596

TAM by segment

$159M in Indianapolis broken down by segment

Fitness_gyms Membership
$159M
100% of total TAM

Demographic snapshot

Who lives and buys in Indianapolis

Population
2,130,055
7.1% 5-yr growth
Median HH income
$79,852
21.6% HHs $150K+
Housing units
909,926
14.7% age 65+
GDP per capita
$98,515

Frequently asked questions

Gyms & Fitness Studios market in Indianapolis: common questions

How big is the gyms & fitness studios market in Indianapolis, IN?

The gyms & fitness studios market in Indianapolis, IN has a total addressable market of $159M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Indianapolis the #34 largest gyms & fitness studios market of 925 U.S. MSAs.

How many gyms & fitness studios companies are in Indianapolis?

PinpointIQ tracks 287 gyms & fitness studios establishments in the Indianapolis MSA, employing approximately 4,145 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Indianapolis rank nationally for gyms & fitness studios?

Indianapolis scores 76/100 on PinpointIQ's Gyms & Fitness Studios Market Score, ranking #48 of 925 U.S. metros — the 95th 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 Indianapolis?

PinpointIQ scores Indianapolis's gyms & fitness studios market on 3 components: % HH Income >$150K (35% weight, 86th percentile); Fragmentation Score (35% weight, 49th percentile); Total Population (30% weight, 96th 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 Indianapolis?

Indianapolis's $159M gyms & fitness studios TAM breaks down into: Fitness_gyms Membership ($159M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Indianapolis growing? How does population affect the gyms & fitness studios market?

Indianapolis has a population of 2,130,055 and has grown 7.1% 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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