HVAC Service · Chicago, IL

HVAC Service Market in
Chicago, IL

$3.1B TAM · Market Score 68/100 · Ranked #6 of 925 MSAs by TAM

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

Total TAM
$3.1B
rank #6 of 925
Market Score
68/100
rank #21 of 925 · 98th percentile
Operators
3,042
30,761 employees
Pop. growth (5-yr)
-1.9%
rank #662 of 872

Market Score breakdown

How Chicago scored 68/100 for HVAC Service

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Chicago ranks in the 98th percentile nationally for HVAC Service.

ComponentWeightValuePercentile
Cooling Degree Days40%1,02548
Heating Degree Days30%5,78664
HVAC Establishments30%3,042100

TAM by segment

$3.1B in Chicago broken down by segment

Hvac Replacement
$2.5B
81% of total TAM
Hvac Service
$591M
19% of total TAM

Demographic snapshot

Who lives and buys in Chicago

Population
9,371,595
-1.9% 5-yr growth
Median HH income
$90,887
27.4% HHs $150K+
Housing units
3,900,420
16.0% age 65+
GDP per capita
$98,502

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.

See HVAC Service data in your target markets.

Pull a free market report, start a trial, or walk through your target MSAs live.

Contact us

Questions, partnerships, or just want to learn more. We'd love to hear from you.