Funeral Services · Minneapolis, MN

Funeral Services Market in
Minneapolis, MN

$326M TAM · Market Score 25/100 · Ranked #19 of 925 MSAs by TAM

Bottom-up market data for the Minneapolis, MN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$326M
rank #19 of 925
Market Score
25/100
rank #718 of 925 · 22th percentile
Operators
Pop. growth (5-yr)
5.3%
rank #257 of 872

Market Score breakdown

How Minneapolis scored 25/100 for Funeral Services

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Minneapolis ranks in the 22th percentile nationally for Funeral Services.

ComponentWeightValuePercentile
% Population 65+40%15.5217
Death Rate35%6.5410
Fragmentation Score25%2161

TAM by segment

$326M in Minneapolis broken down by segment

Funeral Default
$326M
100% of total TAM

Demographic snapshot

Who lives and buys in Minneapolis

Population
3,713,668
5.3% 5-yr growth
Median HH income
$99,833
29.8% HHs $150K+
Housing units
1,551,396
15.5% age 65+
GDP per capita
$99,434

Frequently asked questions

Funeral Services market in Minneapolis: common questions

How big is the funeral services market in Minneapolis, MN?

The funeral services market in Minneapolis, MN has a total addressable market of $326M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Minneapolis the #19 largest funeral services market of 925 U.S. MSAs.

How does Minneapolis rank nationally for funeral services?

Minneapolis scores 25/100 on PinpointIQ's Funeral Services Market Score, ranking #718 of 925 U.S. metros — the 22th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for funeral services operators and investors.

What drives funeral services demand in Minneapolis?

PinpointIQ scores Minneapolis's funeral services market on 3 components: % Population 65+ (40% weight, 17th percentile); Death Rate (35% weight, 10th percentile); Fragmentation Score (25% weight, 61th percentile). The weights are calibrated to the funeral services vertical and applied consistently across every U.S. MSA.

What are the biggest funeral services sub-segments in Minneapolis?

Minneapolis's $326M funeral services TAM breaks down into: Funeral Default ($326M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Minneapolis growing? How does population affect the funeral services market?

Minneapolis has a population of 3,713,668 and has grown 5.3% over the last 5 years. Population change is one of the drivers of funeral services 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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