Flooring Installation Market in
Richmond, VA
$344M TAM · Market Score 46/100 · Ranked #42 of 925 MSAs by TAM
Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Richmond scored 46/100 for Flooring Installation
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 49th percentile nationally for Flooring Installation.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Housing Units | 35% | 569,714 | 95 |
| Fragmentation Score | 35% | 57.6 | 7 |
| % Owner-Occupied | 30% | 66.99 | 33 |
TAM by segment
$344M in Richmond broken down by segment
Demographic snapshot
Who lives and buys in Richmond
Frequently asked questions
Flooring Installation market in Richmond: common questions
How big is the flooring installation market in Richmond, VA?
The flooring installation market in Richmond, VA has a total addressable market of $344M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #42 largest flooring installation market of 925 U.S. MSAs.
How many flooring installation companies are in Richmond?
PinpointIQ tracks 79 flooring installation establishments in the Richmond MSA, employing approximately 584 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Richmond rank nationally for flooring installation?
Richmond scores 46/100 on PinpointIQ's Flooring Installation Market Score, ranking #463 of 925 U.S. metros — the 49th 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 Richmond?
PinpointIQ scores Richmond's flooring installation market on 3 components: Total Housing Units (35% weight, 95th percentile); Fragmentation Score (35% weight, 7th percentile); % Owner-Occupied (30% weight, 33th 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 Richmond?
Richmond's $344M flooring installation TAM breaks down into: Flooring Replacement ($227M, 66% of TAM); Flooring New Construction ($117M, 34% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Richmond growing? How does population affect the flooring installation market?
Richmond has a population of 1,341,248 and has grown 5.6% 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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