Gyms & Fitness Studios · Salt Lake City, UT

Gyms & Fitness Studios Market in
Salt Lake City, UT

$122M TAM · Market Score 62/100 · Ranked #42 of 925 MSAs by TAM

Bottom-up market data for the Salt Lake City, UT MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$122M
rank #42 of 925
Market Score
62/100
rank #264 of 925 · 71th percentile
Operators
153
3,330 employees
Pop. growth (5-yr)
9.0%
rank #141 of 872

Market Score breakdown

How Salt Lake City scored 62/100 for Gyms & Fitness Studios

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Salt Lake City ranks in the 71th percentile nationally for Gyms & Fitness Studios.

ComponentWeightValuePercentile
% HH Income >$150K35%27.4894
Fragmentation Score35%00
Total Population30%1,275,87095

TAM by segment

$122M in Salt Lake City broken down by segment

Fitness_gyms Membership
$122M
100% of total TAM

Demographic snapshot

Who lives and buys in Salt Lake City

Population
1,275,870
9.0% 5-yr growth
Median HH income
$98,083
27.5% HHs $150K+
Housing units
474,627
11.7% age 65+
GDP per capita
$123,128

Frequently asked questions

Gyms & Fitness Studios market in Salt Lake City: common questions

How big is the gyms & fitness studios market in Salt Lake City, UT?

The gyms & fitness studios market in Salt Lake City, UT has a total addressable market of $122M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Salt Lake City the #42 largest gyms & fitness studios market of 925 U.S. MSAs.

How many gyms & fitness studios companies are in Salt Lake City?

PinpointIQ tracks 153 gyms & fitness studios establishments in the Salt Lake City MSA, employing approximately 3,330 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Salt Lake City rank nationally for gyms & fitness studios?

Salt Lake City scores 62/100 on PinpointIQ's Gyms & Fitness Studios Market Score, ranking #264 of 925 U.S. metros — the 71th 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 Salt Lake City?

PinpointIQ scores Salt Lake City's gyms & fitness studios market on 3 components: % HH Income >$150K (35% weight, 94th 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 Salt Lake City?

Salt Lake City's $122M gyms & fitness studios TAM breaks down into: Fitness_gyms Membership ($122M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Salt Lake City growing? How does population affect the gyms & fitness studios market?

Salt Lake City has a population of 1,275,870 and has grown 9.0% 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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