HVAC Service · Seattle, WA

HVAC Service Market in
Seattle, WA

$3.0B TAM · Market Score 44/100 · Ranked #7 of 925 MSAs by TAM

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

Total TAM
$3.0B
rank #7 of 925
Market Score
44/100
rank #592 of 925 · 36th percentile
Operators
1,064
17,675 employees
Pop. growth (5-yr)
8.7%
rank #149 of 872

Market Score breakdown

How Seattle scored 44/100 for HVAC Service

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Seattle ranks in the 36th percentile nationally for HVAC Service.

ComponentWeightValuePercentile
Cooling Degree Days40%1884
Heating Degree Days30%4,37043
HVAC Establishments30%1,06498

TAM by segment

$3.0B in Seattle broken down by segment

Hvac Replacement
$2.4B
81% of total TAM
Hvac Service
$574M
19% of total TAM

Demographic snapshot

Who lives and buys in Seattle

Population
4,061,920
8.7% 5-yr growth
Median HH income
$115,177
37.6% HHs $150K+
Housing units
1,704,523
14.4% age 65+
GDP per capita
$148,714

Frequently asked questions

HVAC Service market in Seattle: common questions

How big is the hvac service market in Seattle, WA?

The hvac service market in Seattle, WA has a total addressable market of $3.0B, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Seattle the #7 largest hvac service market of 925 U.S. MSAs.

How many hvac service companies are in Seattle?

PinpointIQ tracks 1,064 hvac service establishments in the Seattle MSA, employing approximately 17,675 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Seattle rank nationally for hvac service?

Seattle scores 44/100 on PinpointIQ's HVAC Service Market Score, ranking #592 of 925 U.S. metros — the 36th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for hvac service operators and investors.

What drives hvac service demand in Seattle?

PinpointIQ scores Seattle's hvac service market on 3 components: Cooling Degree Days (40% weight, 4th percentile); Heating Degree Days (30% weight, 43th percentile); HVAC Establishments (30% weight, 98th percentile). The weights are calibrated to the hvac service vertical and applied consistently across every U.S. MSA.

What are the biggest hvac service sub-segments in Seattle?

Seattle's $3.0B hvac service TAM breaks down into: Hvac Replacement ($2.4B, 81% of TAM); Hvac Service ($574M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Seattle growing? How does population affect the hvac service market?

Seattle has a population of 4,061,920 and has grown 8.7% over the last 5 years. Population change is one of the drivers of hvac service 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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