Parking Lot Maintenance · Richmond, VA

Parking Lot Maintenance Market in
Richmond, VA

$55M TAM · Market Score 38/100 · Ranked #44 of 925 MSAs by TAM

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

Total TAM
$55M
rank #44 of 925
Market Score
38/100
rank #58 of 925 · 94th percentile
Operators
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 38/100 for Parking Lot Maintenance

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 94th percentile nationally for Parking Lot Maintenance.

ComponentWeightValuePercentile
Parking Operators (NAICS 812930)40%2168
Registered Vehicles30%
Heating Degree Days30%3,77136

TAM by segment

$55M in Richmond broken down by segment

Lot_parking Lot Sweeping
$41M
74% of total TAM
Lot_parking Lot Pavement Repair
$14M
26% 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

Parking Lot Maintenance market in Richmond: common questions

How big is the parking lot maintenance market in Richmond, VA?

The parking lot maintenance market in Richmond, VA has a total addressable market of $55M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #44 largest parking lot maintenance market of 925 U.S. MSAs.

How does Richmond rank nationally for parking lot maintenance?

Richmond scores 38/100 on PinpointIQ's Parking Lot Maintenance Market Score, ranking #58 of 925 U.S. metros — the 94th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for parking lot maintenance operators and investors.

What drives parking lot maintenance demand in Richmond?

PinpointIQ scores Richmond's parking lot maintenance market on 3 components: Parking Operators (NAICS 812930) (40% weight, 68th percentile); Registered Vehicles (30% weight, n/a); Heating Degree Days (30% weight, 36th percentile). The weights are calibrated to the parking lot maintenance vertical and applied consistently across every U.S. MSA.

What are the biggest parking lot maintenance sub-segments in Richmond?

Richmond's $55M parking lot maintenance TAM breaks down into: Lot_parking Lot Sweeping ($41M, 74% of TAM); Lot_parking Lot Pavement Repair ($14M, 26% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the parking lot maintenance 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 parking lot maintenance 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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