Laundromats · Memphis, TN

Laundromats Market in
Memphis, TN

$34M TAM · Market Score 68/100 · Ranked #48 of 925 MSAs by TAM

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

Total TAM
$34M
rank #48 of 925
Market Score
68/100
rank #91 of 925 · 90th percentile
Operators
33
131 employees
Pop. growth (5-yr)
-0.2%
rank #564 of 872

Market Score breakdown

How Memphis scored 68/100 for Laundromats

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 90th percentile nationally for Laundromats.

ComponentWeightValuePercentile
Renter Households40%206,52696
Fragmentation Score35%6245
% HH Income <$50K25%38.4856

TAM by segment

$34M in Memphis broken down by segment

Laundromat Self Service
$26M
76% of total TAM
Laundromat Wash Dry Fold
$8M
24% of total TAM

Demographic snapshot

Who lives and buys in Memphis

Population
1,341,924
-0.2% 5-yr growth
Median HH income
$66,401
16.9% HHs $150K+
Housing units
580,185
15.1% age 65+
GDP per capita
$80,095

Frequently asked questions

Laundromats market in Memphis: common questions

How big is the laundromats market in Memphis, TN?

The laundromats market in Memphis, TN has a total addressable market of $34M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #48 largest laundromats market of 925 U.S. MSAs.

How many laundromats companies are in Memphis?

PinpointIQ tracks 33 laundromats establishments in the Memphis MSA, employing approximately 131 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Memphis rank nationally for laundromats?

Memphis scores 68/100 on PinpointIQ's Laundromats Market Score, ranking #91 of 925 U.S. metros — the 90th 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 Memphis?

PinpointIQ scores Memphis's laundromats market on 3 components: Renter Households (40% weight, 96th percentile); Fragmentation Score (35% weight, 45th percentile); % HH Income <$50K (25% weight, 56th 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 Memphis?

Memphis's $34M laundromats TAM breaks down into: Laundromat Self Service ($26M, 76% of TAM); Laundromat Wash Dry Fold ($8M, 24% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Memphis growing? How does population affect the laundromats market?

Memphis has a population of 1,341,924 and has declined 0.2% 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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