Laundromats Market in
Richmond, VA
$39M TAM · Market Score 41/100 · Ranked #42 of 925 MSAs by TAM
Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Richmond scored 41/100 for Laundromats
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 30th percentile nationally for Laundromats.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Renter Households | 40% | 176,082 | 95 |
| Fragmentation Score | 35% | 0 | 0 |
| % HH Income <$50K | 25% | 27.78 | 11 |
TAM by segment
$39M in Richmond broken down by segment
Demographic snapshot
Who lives and buys in Richmond
Frequently asked questions
Laundromats market in Richmond: common questions
How big is the laundromats market in Richmond, VA?
The laundromats market in Richmond, VA has a total addressable market of $39M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #42 largest laundromats market of 925 U.S. MSAs.
How many laundromats companies are in Richmond?
PinpointIQ tracks 38 laundromats establishments in the Richmond MSA, employing approximately 351 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Richmond rank nationally for laundromats?
Richmond scores 41/100 on PinpointIQ's Laundromats Market Score, ranking #643 of 925 U.S. metros — the 30th 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 Richmond?
PinpointIQ scores Richmond's laundromats market on 3 components: Renter Households (40% weight, 95th percentile); Fragmentation Score (35% weight, 0th percentile); % HH Income <$50K (25% weight, 11th 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 Richmond?
Richmond's $39M laundromats TAM breaks down into: Laundromat Self Service ($29M, 73% of TAM); Laundromat Wash Dry Fold ($11M, 27% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Richmond growing? How does population affect the laundromats market?
Richmond has a population of 1,341,248 and has grown 5.6% 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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