Garage Door Repair · Richmond, VA

Garage Door Repair Market in
Richmond, VA

$61M TAM · Market Score 92/100 · Ranked #43 of 925 MSAs by TAM

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

Total TAM
$61M
rank #43 of 925
Market Score
92/100
rank #37 of 925 · 96th percentile
Operators
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 92/100 for Garage Door Repair

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 96th percentile nationally for Garage Door Repair.

ComponentWeightValuePercentile
Single-Family Detached45%386,95796
Median Home Value30%353,50083
Total Housing Units25%569,71495

TAM by segment

$61M in Richmond broken down by segment

Door_garage Door Service Replacement
$48M
79% of total TAM
Door_garage Door New Install
$13M
21% of total TAM

Demographic snapshot

Who lives and buys in Richmond

Population
1,341,248
5.6% 5-yr growth
Median HH income
$86,679
24.8% HHs $150K+
Housing units
569,714
16.7% age 65+
GDP per capita
$85,369

Frequently asked questions

Garage Door Repair market in Richmond: common questions

How big is the garage door repair market in Richmond, VA?

The garage door repair market in Richmond, VA has a total addressable market of $61M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #43 largest garage door repair market of 925 U.S. MSAs.

How does Richmond rank nationally for garage door repair?

Richmond scores 92/100 on PinpointIQ's Garage Door Repair Market Score, ranking #37 of 925 U.S. metros — the 96th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for garage door repair operators and investors.

What drives garage door repair demand in Richmond?

PinpointIQ scores Richmond's garage door repair market on 3 components: Single-Family Detached (45% weight, 96th percentile); Median Home Value (30% weight, 83th percentile); Total Housing Units (25% weight, 95th percentile). The weights are calibrated to the garage door repair vertical and applied consistently across every U.S. MSA.

What are the biggest garage door repair sub-segments in Richmond?

Richmond's $61M garage door repair TAM breaks down into: Door_garage Door Service Replacement ($48M, 79% of TAM); Door_garage Door New Install ($13M, 21% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the garage door repair market?

Richmond has a population of 1,341,248 and has grown 5.6% over the last 5 years. Population change is one of the drivers of garage door repair 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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