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.
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.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Renter Households | 40% | 248,744 | 96 |
| Fragmentation Score | 35% | 52.8 | 30 |
| % HH Income <$50K | 25% | 29.7 | 16 |
TAM by segment
$54M in Providence broken down by segment
Demographic snapshot
Who lives and buys in Providence
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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