Funeral Services · Illinois

Funeral Services Market in
Illinois

$1.2B statewide TAM · 28 metros · Rank #6/51 states · 4.0% of national TAM

Bottom-up rollup across every metro in Illinois. PinpointIQ covers all 28 MSAs in the state.

Statewide TAM
$1.2B
for Funeral Services
State rank
#6 of 51
90th percentile · 4.0% of US TAM
Metros covered
28
In Illinois
National TAM
$28.8B
Nationwide Funeral Services

Top metros

Most attractive Funeral Services metros in Illinois

Ranked by Market Score — PinpointIQ's vertical-specific attractiveness composite. TAM shown for reference.

RankMetroTAMMarket Score
#1Canton, IL Micro Area$4M88
#2Bureau County, IL$16M81
#3Danville, IL$7M79
#4Morgan County, IL$4M78
#5Christian County, IL$3M76
#6Marion-Herrin, IL Micro Area$7M75
#7Lee County, IL$4M75
#8Adams County, IL$8M75
#9Logan County, IL$3M72
#10McDonough County, IL$2M72

What drives the Market Score

How Funeral Services attractiveness is measured

% Population 65+
40%
of composite score
Death Rate
35%
of composite score
Fragmentation Score
25%
of composite score

Frequently asked questions

Funeral Services market in Illinois: common questions

How big is the funeral services market in Illinois?

The statewide funeral services total addressable market in Illinois is $1.2B, aggregated across 28 MSAs. This represents 4.0% of the $28.8B U.S. funeral services market.

How does Illinois rank nationally for funeral services?

Illinois ranks #6 of 51 states by funeral services TAM — the 90th percentile. The ranking is based on aggregate MSA-level TAM within each state's geographic boundaries.

What are the most attractive funeral services metros in Illinois?

PinpointIQ ranks the top funeral services metros in Illinois by Market Score (a vertical-specific attractiveness composite): #1 Canton, IL Micro Area ($4M TAM, Market Score 88); #2 Bureau County, IL ($16M TAM, Market Score 81); #3 Danville, IL ($7M TAM, Market Score 79); #4 Morgan County, IL ($4M TAM, Market Score 78); #5 Christian County, IL ($3M TAM, Market Score 76). Market Score weighs the drivers of funeral services demand and operator concentration.

What drives funeral services attractiveness in Illinois's metros?

PinpointIQ's Funeral Services Market Score for every MSA in Illinois is computed from 3 components: % Population 65+ (40%); Death Rate (35%); Fragmentation Score (25%). Each component is scored at the national percentile level before being weighted into the composite.

How many funeral services markets does PinpointIQ cover in Illinois?

PinpointIQ covers all 28 Metropolitan Statistical Areas (MSAs) in Illinois for funeral services, with TAM, Market Score, competitive landscape, and demographic drivers available at each MSA and down to the census-tract level.

Where can I get funeral services market data for a specific Illinois metro?

Individual metro pages are available for every MSA in Illinois covered by PinpointIQ. You can also pull a free funeral services market report for any specific metro through PinpointIQ's report tool, or start a trial to access the full platform including competitive landscape and business-level data.

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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