Flooring Installation · Grand Rapids, MI

Flooring Installation Market in
Grand Rapids, MI

$196M TAM · Market Score 62/100 · Ranked #70 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
$196M
rank #70 of 925
Market Score
62/100
rank #77 of 925 · 92th percentile
Operators
73
418 employees
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 62/100 for Flooring Installation

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 92th percentile nationally for Flooring Installation.

ComponentWeightValuePercentile
Total Housing Units35%467,52894
Fragmentation Score35%78.416
% Owner-Occupied30%74.6179

TAM by segment

$196M in Grand Rapids broken down by segment

Flooring Replacement
$150M
77% of total TAM
Flooring New Construction
$45M
23% 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

Flooring Installation market in Grand Rapids: common questions

How big is the flooring installation market in Grand Rapids, MI?

The flooring installation market in Grand Rapids, MI has a total addressable market of $196M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #70 largest flooring installation market of 925 U.S. MSAs.

How many flooring installation companies are in Grand Rapids?

PinpointIQ tracks 73 flooring installation establishments in the Grand Rapids MSA, employing approximately 418 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Grand Rapids rank nationally for flooring installation?

Grand Rapids scores 62/100 on PinpointIQ's Flooring Installation Market Score, ranking #77 of 925 U.S. metros — the 92th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for flooring installation operators and investors.

What drives flooring installation demand in Grand Rapids?

PinpointIQ scores Grand Rapids's flooring installation market on 3 components: Total Housing Units (35% weight, 94th percentile); Fragmentation Score (35% weight, 16th percentile); % Owner-Occupied (30% weight, 79th percentile). The weights are calibrated to the flooring installation vertical and applied consistently across every U.S. MSA.

What are the biggest flooring installation sub-segments in Grand Rapids?

Grand Rapids's $196M flooring installation TAM breaks down into: Flooring Replacement ($150M, 77% of TAM); Flooring New Construction ($45M, 23% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Grand Rapids growing? How does population affect the flooring installation 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 flooring installation 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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