Pool & Spa Service · Richmond, VA

Pool & Spa Service Market in
Richmond, VA

$41M TAM · Market Score 83/100 · 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
$41M
rank #44 of 925
Market Score
83/100
rank #51 of 925 · 95th percentile
Operators
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 83/100 for Pool & Spa Service

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 95th percentile nationally for Pool & Spa Service.

ComponentWeightValuePercentile
Mean Annual Temperature35%58.964
% HH Income >$150K35%24.7791
Single-Family Detached30%386,95796

TAM by segment

$41M in Richmond broken down by segment

Spa_pool Service Recurring
$38M
93% of total TAM
Spa_pool Repair Onetime
$3M
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

Pool & Spa Service market in Richmond: common questions

How big is the pool & spa service market in Richmond, VA?

The pool & spa service market in Richmond, VA has a total addressable market of $41M, 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 pool & spa service market of 925 U.S. MSAs.

How does Richmond rank nationally for pool & spa service?

Richmond scores 83/100 on PinpointIQ's Pool & Spa Service Market Score, ranking #51 of 925 U.S. metros — the 95th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for pool & spa service operators and investors.

What drives pool & spa service demand in Richmond?

PinpointIQ scores Richmond's pool & spa service market on 3 components: Mean Annual Temperature (35% weight, 64th percentile); % HH Income >$150K (35% weight, 91th percentile); Single-Family Detached (30% weight, 96th percentile). The weights are calibrated to the pool & spa service vertical and applied consistently across every U.S. MSA.

What are the biggest pool & spa service sub-segments in Richmond?

Richmond's $41M pool & spa service TAM breaks down into: Spa_pool Service Recurring ($38M, 93% of TAM); Spa_pool Repair Onetime ($3M, 7% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the pool & spa service 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 pool & spa service 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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