Roofing Market in
Richmond, VA
$476M TAM · Market Score 78/100 · Ranked #46 of 925 MSAs by TAM
Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Richmond scored 78/100 for Roofing
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 96th percentile nationally for Roofing.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Hail Events (10yr) | 35% | 139 | 90 |
| Fragmentation Score | 35% | 71 | 50 |
| Total Housing Units | 30% | 569,714 | 95 |
TAM by segment
$476M in Richmond broken down by segment
Demographic snapshot
Who lives and buys in Richmond
Frequently asked questions
Roofing market in Richmond: common questions
How big is the roofing market in Richmond, VA?
The roofing market in Richmond, VA has a total addressable market of $476M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #46 largest roofing market of 925 U.S. MSAs.
How many roofing companies are in Richmond?
PinpointIQ tracks 98 roofing establishments in the Richmond MSA, employing approximately 619 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Richmond rank nationally for roofing?
Richmond scores 78/100 on PinpointIQ's Roofing Market Score, ranking #33 of 925 U.S. metros — the 96th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for roofing operators and investors.
What drives roofing demand in Richmond?
PinpointIQ scores Richmond's roofing market on 3 components: Hail Events (10yr) (35% weight, 90th percentile); Fragmentation Score (35% weight, 50th percentile); Total Housing Units (30% weight, 95th percentile). The weights are calibrated to the roofing vertical and applied consistently across every U.S. MSA.
What are the biggest roofing sub-segments in Richmond?
Richmond's $476M roofing TAM breaks down into: Roofing Replacement ($473M, 99% of TAM); Roofing Storm Replacement ($3M, 1% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Richmond growing? How does population affect the roofing 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 roofing 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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