Funeral Services · Salt Lake City, UT

Funeral Services Market in
Salt Lake City, UT

$93M TAM · Market Score 2/100 · Ranked #56 of 925 MSAs by TAM

Bottom-up market data for the Salt Lake City, UT MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$93M
rank #56 of 925
Market Score
2/100
rank #912 of 925 · 1th percentile
Operators
Pop. growth (5-yr)
9.0%
rank #141 of 872

Market Score breakdown

How Salt Lake City scored 2/100 for Funeral Services

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Salt Lake City ranks in the 1th percentile nationally for Funeral Services.

ComponentWeightValuePercentile
% Population 65+40%11.712
Death Rate35%5.564
Fragmentation Score25%00

TAM by segment

$93M in Salt Lake City broken down by segment

Funeral Default
$93M
100% of total TAM

Demographic snapshot

Who lives and buys in Salt Lake City

Population
1,275,870
9.0% 5-yr growth
Median HH income
$98,083
27.5% HHs $150K+
Housing units
474,627
11.7% age 65+
GDP per capita
$123,128

Frequently asked questions

Funeral Services market in Salt Lake City: common questions

How big is the funeral services market in Salt Lake City, UT?

The funeral services market in Salt Lake City, UT has a total addressable market of $93M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Salt Lake City the #56 largest funeral services market of 925 U.S. MSAs.

How does Salt Lake City rank nationally for funeral services?

Salt Lake City scores 2/100 on PinpointIQ's Funeral Services Market Score, ranking #912 of 925 U.S. metros — the 1th 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 Salt Lake City?

PinpointIQ scores Salt Lake City's funeral services market on 3 components: % Population 65+ (40% weight, 2th 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 Salt Lake City?

Salt Lake City's $93M funeral services TAM breaks down into: Funeral Default ($93M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Salt Lake City growing? How does population affect the funeral services market?

Salt Lake City has a population of 1,275,870 and has grown 9.0% 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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