Plumbing · Memphis, TN

Plumbing Market in
Memphis, TN

$66M TAM · Market Score 42/100 · Ranked #65 of 925 MSAs by TAM

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

Total TAM
$66M
rank #65 of 925
Market Score
42/100
rank #638 of 925 · 31th percentile
Operators
349
5,311 employees
Pop. growth (5-yr)
-0.2%
rank #564 of 872

Market Score breakdown

How Memphis scored 42/100 for Plumbing

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 31th percentile nationally for Plumbing.

ComponentWeightValuePercentile
% Housing Pre-198035%46.0638
Fragmentation Score35%00
Total Housing Units30%580,18595

TAM by segment

$66M in Memphis broken down by segment

Plumbing Service
$28M
43% of total TAM
Plumbing Repipe
$25M
38% of total TAM
Plumbing New Install
$13M
20% of total TAM

Demographic snapshot

Who lives and buys in Memphis

Population
1,341,924
-0.2% 5-yr growth
Median HH income
$66,401
16.9% HHs $150K+
Housing units
580,185
15.1% age 65+
GDP per capita
$80,095

Frequently asked questions

Plumbing market in Memphis: common questions

How big is the plumbing market in Memphis, TN?

The plumbing market in Memphis, TN has a total addressable market of $66M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #65 largest plumbing market of 925 U.S. MSAs.

How many plumbing companies are in Memphis?

PinpointIQ tracks 349 plumbing establishments in the Memphis MSA, employing approximately 5,311 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Memphis rank nationally for plumbing?

Memphis scores 42/100 on PinpointIQ's Plumbing Market Score, ranking #638 of 925 U.S. metros — the 31th 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 Memphis?

PinpointIQ scores Memphis's plumbing market on 3 components: % Housing Pre-1980 (35% weight, 38th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 95th 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 Memphis?

Memphis's $66M plumbing TAM breaks down into: Plumbing Service ($28M, 43% of TAM); Plumbing Repipe ($25M, 38% of TAM); Plumbing New Install ($13M, 20% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Memphis has a population of 1,341,924 and has declined 0.2% 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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