Plumbing · Raleigh, NC

Plumbing Market in
Raleigh, NC

$174M TAM · Market Score 29/100 · Ranked #29 of 925 MSAs by TAM

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

Total TAM
$174M
rank #29 of 925
Market Score
29/100
rank #868 of 925 · 6th percentile
Operators
566
8,070 employees
Pop. growth (5-yr)
16.7%
rank #66 of 872

Market Score breakdown

How Raleigh scored 29/100 for Plumbing

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Raleigh ranks in the 6th percentile nationally for Plumbing.

ComponentWeightValuePercentile
% Housing Pre-198035%18.611
Fragmentation Score35%00
Total Housing Units30%619,03296

TAM by segment

$174M in Raleigh broken down by segment

Plumbing Service
$51M
29% of total TAM
Plumbing Repipe
$18M
10% of total TAM
Plumbing New Install
$105M
60% of total TAM

Demographic snapshot

Who lives and buys in Raleigh

Population
1,487,302
16.7% 5-yr growth
Median HH income
$100,103
30.5% HHs $150K+
Housing units
619,032
13.3% age 65+
GDP per capita
$96,070

Frequently asked questions

Plumbing market in Raleigh: common questions

How big is the plumbing market in Raleigh, NC?

The plumbing market in Raleigh, NC has a total addressable market of $174M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Raleigh the #29 largest plumbing market of 925 U.S. MSAs.

How many plumbing companies are in Raleigh?

PinpointIQ tracks 566 plumbing establishments in the Raleigh MSA, employing approximately 8,070 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Raleigh rank nationally for plumbing?

Raleigh scores 29/100 on PinpointIQ's Plumbing Market Score, ranking #868 of 925 U.S. metros — the 6th 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 Raleigh?

PinpointIQ scores Raleigh's plumbing market on 3 components: % Housing Pre-1980 (35% weight, 1th 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 Raleigh?

Raleigh's $174M plumbing TAM breaks down into: Plumbing Service ($51M, 29% of TAM); Plumbing Repipe ($18M, 10% of TAM); Plumbing New Install ($105M, 60% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Raleigh has a population of 1,487,302 and has grown 16.7% 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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