Laundromats · Minneapolis, MN

Laundromats Market in
Minneapolis, MN

$116M TAM · Market Score 49/100 · Ranked #17 of 925 MSAs by TAM

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

Total TAM
$116M
rank #17 of 925
Market Score
49/100
rank #491 of 925 · 47th percentile
Operators
58
278 employees
Pop. growth (5-yr)
5.3%
rank #257 of 872

Market Score breakdown

How Minneapolis scored 49/100 for Laundromats

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Minneapolis ranks in the 47th percentile nationally for Laundromats.

ComponentWeightValuePercentile
Renter Households40%432,46598
Fragmentation Score35%49.425
% HH Income <$50K25%22.963

TAM by segment

$116M in Minneapolis broken down by segment

Laundromat Self Service
$81M
70% of total TAM
Laundromat Wash Dry Fold
$34M
30% of total TAM

Demographic snapshot

Who lives and buys in Minneapolis

Population
3,713,668
5.3% 5-yr growth
Median HH income
$99,833
29.8% HHs $150K+
Housing units
1,551,396
15.5% age 65+
GDP per capita
$99,434

Frequently asked questions

Laundromats market in Minneapolis: common questions

How big is the laundromats market in Minneapolis, MN?

The laundromats market in Minneapolis, MN has a total addressable market of $116M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Minneapolis the #17 largest laundromats market of 925 U.S. MSAs.

How many laundromats companies are in Minneapolis?

PinpointIQ tracks 58 laundromats establishments in the Minneapolis MSA, employing approximately 278 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Minneapolis rank nationally for laundromats?

Minneapolis scores 49/100 on PinpointIQ's Laundromats Market Score, ranking #491 of 925 U.S. metros — the 47th 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 Minneapolis?

PinpointIQ scores Minneapolis's laundromats market on 3 components: Renter Households (40% weight, 98th percentile); Fragmentation Score (35% weight, 25th percentile); % HH Income <$50K (25% weight, 3th 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 Minneapolis?

Minneapolis's $116M laundromats TAM breaks down into: Laundromat Self Service ($81M, 70% of TAM); Laundromat Wash Dry Fold ($34M, 30% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Minneapolis has a population of 3,713,668 and has grown 5.3% 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.

See Laundromats 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.