Painting & Surface Restoration · Richmond, VA

Painting & Surface Restoration Market in
Richmond, VA

$609M TAM · Market Score 52/100 · Ranked #46 of 925 MSAs by TAM

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

Total TAM
$609M
rank #46 of 925
Market Score
52/100
rank #318 of 925 · 66th percentile
Operators
202
974 employees
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 52/100 for Painting & Surface Restoration

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 66th percentile nationally for Painting & Surface Restoration.

ComponentWeightValuePercentile
% Owner-Occupied35%66.9933
Fragmentation Score35%7434
Total Housing Units30%569,71495

TAM by segment

$609M in Richmond broken down by segment

Painting Repaint
$567M
93% of total TAM
Painting New Construction
$42M
7% of total TAM

Demographic snapshot

Who lives and buys in Richmond

Population
1,341,248
5.6% 5-yr growth
Median HH income
$86,679
24.8% HHs $150K+
Housing units
569,714
16.7% age 65+
GDP per capita
$85,369

Frequently asked questions

Painting & Surface Restoration market in Richmond: common questions

How big is the painting & surface restoration market in Richmond, VA?

The painting & surface restoration market in Richmond, VA has a total addressable market of $609M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #46 largest painting & surface restoration market of 925 U.S. MSAs.

How many painting & surface restoration companies are in Richmond?

PinpointIQ tracks 202 painting & surface restoration establishments in the Richmond MSA, employing approximately 974 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Richmond rank nationally for painting & surface restoration?

Richmond scores 52/100 on PinpointIQ's Painting & Surface Restoration Market Score, ranking #318 of 925 U.S. metros — the 66th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for painting & surface restoration operators and investors.

What drives painting & surface restoration demand in Richmond?

PinpointIQ scores Richmond's painting & surface restoration market on 3 components: % Owner-Occupied (35% weight, 33th percentile); Fragmentation Score (35% weight, 34th percentile); Total Housing Units (30% weight, 95th percentile). The weights are calibrated to the painting & surface restoration vertical and applied consistently across every U.S. MSA.

What are the biggest painting & surface restoration sub-segments in Richmond?

Richmond's $609M painting & surface restoration TAM breaks down into: Painting Repaint ($567M, 93% of TAM); Painting New Construction ($42M, 7% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the painting & surface restoration 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 painting & surface restoration 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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