Funeral Services · North Carolina

Funeral Services Market in
North Carolina

$876M statewide TAM · 38 metros · Rank #8/51 states · 3.0% of national TAM

Bottom-up rollup across every metro in North Carolina. PinpointIQ covers all 38 MSAs in the state.

Statewide TAM
$876M
for Funeral Services
State rank
#8 of 51
86th percentile · 3.0% of US TAM
Metros covered
38
In North Carolina
National TAM
$28.8B
Nationwide Funeral Services

Top metros

Most attractive Funeral Services metros in North Carolina

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

RankMetroTAMMarket Score
#1Halifax County, NC$6M84
#2Lenoir County, NC$5M77
#3Beaufort County, NC$5M71
#4Richmond County, NC$3M70
#5Carteret County, NC$9M70
#6Waynesville, NC Micro Area$6M67
#7Transylvania County, NC$4M66
#8Rutherford County, NC$6M66
#9Cleveland County, NC$10M66
#10Wilkes County, NC$6M65

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 North Carolina: common questions

How big is the funeral services market in North Carolina?

The statewide funeral services total addressable market in North Carolina is $876M, aggregated across 38 MSAs. This represents 3.0% of the $28.8B U.S. funeral services market.

How does North Carolina rank nationally for funeral services?

North Carolina ranks #8 of 51 states by funeral services TAM — the 86th 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 North Carolina?

PinpointIQ ranks the top funeral services metros in North Carolina by Market Score (a vertical-specific attractiveness composite): #1 Halifax County, NC ($6M TAM, Market Score 84); #2 Lenoir County, NC ($5M TAM, Market Score 77); #3 Beaufort County, NC ($5M TAM, Market Score 71); #4 Richmond County, NC ($3M TAM, Market Score 70); #5 Carteret County, NC ($9M TAM, Market Score 70). Market Score weighs the drivers of funeral services demand and operator concentration.

What drives funeral services attractiveness in North Carolina's metros?

PinpointIQ's Funeral Services Market Score for every MSA in North Carolina 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 North Carolina?

PinpointIQ covers all 38 Metropolitan Statistical Areas (MSAs) in North Carolina 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 North Carolina metro?

Individual metro pages are available for every MSA in North Carolina 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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