HVAC Service · Virginia Beach, VA

HVAC Service Market in
Virginia Beach, VA

$636M TAM · Market Score 64/100 · Ranked #35 of 925 MSAs by TAM

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

Total TAM
$636M
rank #35 of 925
Market Score
64/100
rank #73 of 925 · 92th percentile
Operators
619
7,071 employees
Pop. growth (5-yr)
4.0%
rank #325 of 872

Market Score breakdown

How Virginia Beach scored 64/100 for HVAC Service

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Virginia Beach ranks in the 92th percentile nationally for HVAC Service.

ComponentWeightValuePercentile
Cooling Degree Days40%1,54665
Heating Degree Days30%3,39731
HVAC Establishments30%61996

TAM by segment

$636M in Virginia Beach broken down by segment

Hvac Replacement
$513M
81% of total TAM
Hvac Service
$122M
19% of total TAM

Demographic snapshot

Who lives and buys in Virginia Beach

Population
1,787,235
4.0% 5-yr growth
Median HH income
$82,330
21.9% HHs $150K+
Housing units
763,678
16.2% age 65+
GDP per capita
$68,659

Frequently asked questions

HVAC Service market in Virginia Beach: common questions

How big is the hvac service market in Virginia Beach, VA?

The hvac service market in Virginia Beach, VA has a total addressable market of $636M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Virginia Beach the #35 largest hvac service market of 925 U.S. MSAs.

How many hvac service companies are in Virginia Beach?

PinpointIQ tracks 619 hvac service establishments in the Virginia Beach MSA, employing approximately 7,071 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Virginia Beach rank nationally for hvac service?

Virginia Beach scores 64/100 on PinpointIQ's HVAC Service Market Score, ranking #73 of 925 U.S. metros — the 92th 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 Virginia Beach?

PinpointIQ scores Virginia Beach's hvac service market on 3 components: Cooling Degree Days (40% weight, 65th percentile); Heating Degree Days (30% weight, 31th percentile); HVAC Establishments (30% weight, 96th 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 Virginia Beach?

Virginia Beach's $636M hvac service TAM breaks down into: Hvac Replacement ($513M, 81% of TAM); Hvac Service ($122M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Virginia Beach growing? How does population affect the hvac service market?

Virginia Beach has a population of 1,787,235 and has grown 4.0% 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.

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.