Plumbing · Indianapolis, IN

Plumbing Market in
Indianapolis, IN

$136M TAM · Market Score 44/100 · Ranked #37 of 925 MSAs by TAM

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

Total TAM
$136M
rank #37 of 925
Market Score
44/100
rank #593 of 925 · 35th percentile
Operators
598
10,110 employees
Pop. growth (5-yr)
7.1%
rank #190 of 872

Market Score breakdown

How Indianapolis scored 44/100 for Plumbing

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Indianapolis ranks in the 35th percentile nationally for Plumbing.

ComponentWeightValuePercentile
% Housing Pre-198035%47.2142
Fragmentation Score35%00
Total Housing Units30%909,92696

TAM by segment

$136M in Indianapolis broken down by segment

Plumbing Service
$48M
35% of total TAM
Plumbing Repipe
$43M
31% of total TAM
Plumbing New Install
$46M
34% of total TAM

Demographic snapshot

Who lives and buys in Indianapolis

Population
2,130,055
7.1% 5-yr growth
Median HH income
$79,852
21.6% HHs $150K+
Housing units
909,926
14.7% age 65+
GDP per capita
$98,515

Frequently asked questions

Plumbing market in Indianapolis: common questions

How big is the plumbing market in Indianapolis, IN?

The plumbing market in Indianapolis, IN has a total addressable market of $136M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Indianapolis the #37 largest plumbing market of 925 U.S. MSAs.

How many plumbing companies are in Indianapolis?

PinpointIQ tracks 598 plumbing establishments in the Indianapolis MSA, employing approximately 10,110 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Indianapolis rank nationally for plumbing?

Indianapolis scores 44/100 on PinpointIQ's Plumbing Market Score, ranking #593 of 925 U.S. metros — the 35th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for plumbing operators and investors.

What drives plumbing demand in Indianapolis?

PinpointIQ scores Indianapolis's plumbing market on 3 components: % Housing Pre-1980 (35% weight, 42th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 96th percentile). The weights are calibrated to the plumbing vertical and applied consistently across every U.S. MSA.

What are the biggest plumbing sub-segments in Indianapolis?

Indianapolis's $136M plumbing TAM breaks down into: Plumbing Service ($48M, 35% of TAM); Plumbing Repipe ($43M, 31% of TAM); Plumbing New Install ($46M, 34% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Indianapolis growing? How does population affect the plumbing market?

Indianapolis has a population of 2,130,055 and has grown 7.1% over the last 5 years. Population change is one of the drivers of plumbing 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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