Funeral Services · Raleigh, NC

Funeral Services Market in
Raleigh, NC

$114M TAM · Market Score 4/100 · Ranked #46 of 925 MSAs by TAM

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

Total TAM
$114M
rank #46 of 925
Market Score
4/100
rank #900 of 925 · 3th percentile
Operators
Pop. growth (5-yr)
16.7%
rank #66 of 872

Market Score breakdown

How Raleigh scored 4/100 for Funeral Services

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Raleigh ranks in the 3th percentile nationally for Funeral Services.

ComponentWeightValuePercentile
% Population 65+40%13.256
Death Rate35%5.694
Fragmentation Score25%00

TAM by segment

$114M in Raleigh broken down by segment

Funeral Default
$114M
100% of total TAM

Demographic snapshot

Who lives and buys in Raleigh

Population
1,487,302
16.7% 5-yr growth
Median HH income
$100,103
30.5% HHs $150K+
Housing units
619,032
13.3% age 65+
GDP per capita
$96,070

Frequently asked questions

Funeral Services market in Raleigh: common questions

How big is the funeral services market in Raleigh, NC?

The funeral services market in Raleigh, NC has a total addressable market of $114M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Raleigh the #46 largest funeral services market of 925 U.S. MSAs.

How does Raleigh rank nationally for funeral services?

Raleigh scores 4/100 on PinpointIQ's Funeral Services Market Score, ranking #900 of 925 U.S. metros — the 3th 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 Raleigh?

PinpointIQ scores Raleigh's funeral services market on 3 components: % Population 65+ (40% weight, 6th percentile); Death Rate (35% weight, 4th percentile); Fragmentation Score (25% weight, 0th 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 Raleigh?

Raleigh's $114M funeral services TAM breaks down into: Funeral Default ($114M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Raleigh has a population of 1,487,302 and has grown 16.7% 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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