Laundromats Market in
Chicago, IL
$292M TAM · Market Score 57/100 · Ranked #3 of 925 MSAs by TAM
Bottom-up market data for the Chicago, IL MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Chicago scored 57/100 for Laundromats
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Chicago ranks in the 66th percentile nationally for Laundromats.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Renter Households | 40% | 1,255,391 | 100 |
| Fragmentation Score | 35% | 59.4 | 40 |
| % HH Income <$50K | 25% | 27.97 | 12 |
TAM by segment
$292M in Chicago broken down by segment
Demographic snapshot
Who lives and buys in Chicago
Frequently asked questions
Laundromats market in Chicago: common questions
How big is the laundromats market in Chicago, IL?
The laundromats market in Chicago, IL has a total addressable market of $292M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Chicago the #3 largest laundromats market of 925 U.S. MSAs.
How many laundromats companies are in Chicago?
PinpointIQ tracks 388 laundromats establishments in the Chicago MSA, employing approximately 1,607 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Chicago rank nationally for laundromats?
Chicago scores 57/100 on PinpointIQ's Laundromats Market Score, ranking #316 of 925 U.S. metros — the 66th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for laundromats operators and investors.
What drives laundromats demand in Chicago?
PinpointIQ scores Chicago's laundromats market on 3 components: Renter Households (40% weight, 100th percentile); Fragmentation Score (35% weight, 40th percentile); % HH Income <$50K (25% weight, 12th percentile). The weights are calibrated to the laundromats vertical and applied consistently across every U.S. MSA.
What are the biggest laundromats sub-segments in Chicago?
Chicago's $292M laundromats TAM breaks down into: Laundromat Self Service ($215M, 74% of TAM); Laundromat Wash Dry Fold ($77M, 26% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Chicago growing? How does population affect the laundromats market?
Chicago has a population of 9,371,595 and has declined 1.9% over the last 5 years. Population change is one of the drivers of laundromats 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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