Gyms & Fitness Studios Market in
Memphis, TN
$79M TAM · Market Score 65/100 · Ranked #53 of 925 MSAs by TAM
Bottom-up market data for the Memphis, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Memphis scored 65/100 for Gyms & Fitness Studios
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 78th percentile nationally for Gyms & Fitness Studios.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % HH Income >$150K | 35% | 16.89 | 68 |
| Fragmentation Score | 35% | 18.9 | 35 |
| Total Population | 30% | 1,341,924 | 95 |
TAM by segment
$79M in Memphis broken down by segment
Demographic snapshot
Who lives and buys in Memphis
Frequently asked questions
Gyms & Fitness Studios market in Memphis: common questions
How big is the gyms & fitness studios market in Memphis, TN?
The gyms & fitness studios market in Memphis, TN has a total addressable market of $79M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #53 largest gyms & fitness studios market of 925 U.S. MSAs.
How many gyms & fitness studios companies are in Memphis?
PinpointIQ tracks 137 gyms & fitness studios establishments in the Memphis MSA, employing approximately 2,326 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Memphis rank nationally for gyms & fitness studios?
Memphis scores 65/100 on PinpointIQ's Gyms & Fitness Studios Market Score, ranking #200 of 925 U.S. metros — the 78th 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 Memphis?
PinpointIQ scores Memphis's gyms & fitness studios market on 3 components: % HH Income >$150K (35% weight, 68th percentile); Fragmentation Score (35% weight, 35th 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 Memphis?
Memphis's $79M gyms & fitness studios TAM breaks down into: Fitness_gyms Membership ($79M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Memphis growing? How does population affect the gyms & fitness studios market?
Memphis has a population of 1,341,924 and has declined 0.2% 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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