Laundromats · Providence, RI

Laundromats Market in
Providence, RI

$54M TAM · Market Score 53/100 · Ranked #37 of 925 MSAs by TAM

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

Total TAM
$54M
rank #37 of 925
Market Score
53/100
rank #399 of 925 · 57th percentile
Operators
115
526 employees
Pop. growth (5-yr)
4.4%
rank #301 of 872

Market Score breakdown

How Providence scored 53/100 for Laundromats

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 57th percentile nationally for Laundromats.

ComponentWeightValuePercentile
Renter Households40%248,74496
Fragmentation Score35%52.830
% HH Income <$50K25%29.716

TAM by segment

$54M in Providence broken down by segment

Laundromat Self Service
$41M
75% of total TAM
Laundromat Wash Dry Fold
$14M
25% of total TAM

Demographic snapshot

Who lives and buys in Providence

Population
1,684,071
4.4% 5-yr growth
Median HH income
$87,040
25.0% HHs $150K+
Housing units
730,957
18.4% age 65+
GDP per capita
$69,131

Frequently asked questions

Laundromats market in Providence: common questions

How big is the laundromats market in Providence, RI?

The laundromats market in Providence, RI has a total addressable market of $54M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Providence the #37 largest laundromats market of 925 U.S. MSAs.

How many laundromats companies are in Providence?

PinpointIQ tracks 115 laundromats establishments in the Providence MSA, employing approximately 526 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Providence rank nationally for laundromats?

Providence scores 53/100 on PinpointIQ's Laundromats Market Score, ranking #399 of 925 U.S. metros — the 57th 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 Providence?

PinpointIQ scores Providence's laundromats market on 3 components: Renter Households (40% weight, 96th percentile); Fragmentation Score (35% weight, 30th percentile); % HH Income <$50K (25% weight, 16th 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 Providence?

Providence's $54M laundromats TAM breaks down into: Laundromat Self Service ($41M, 75% of TAM); Laundromat Wash Dry Fold ($14M, 25% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Providence has a population of 1,684,071 and has grown 4.4% 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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