Salon & Barbershop · Detroit, MI

Salon & Barbershop Market in
Detroit, MI

$884M TAM · Market Score 68/100 · Ranked #19 of 925 MSAs by TAM

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

Total TAM
$884M
rank #19 of 925
Market Score
68/100
rank #132 of 925 · 86th percentile
Operators
1,112
5,746 employees
Pop. growth (5-yr)
1.7%
rank #438 of 872

Market Score breakdown

How Detroit scored 68/100 for Salon & Barbershop

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Detroit ranks in the 86th percentile nationally for Salon & Barbershop.

ComponentWeightValuePercentile
% HH Income >$150K35%21.0284
Fragmentation Score35%75.924
Total Population30%4,376,82899

TAM by segment

$884M in Detroit broken down by segment

Barber_salon Barber Visits
$884M
100% of total TAM

Demographic snapshot

Who lives and buys in Detroit

Population
4,376,828
1.7% 5-yr growth
Median HH income
$76,664
21.0% HHs $150K+
Housing units
1,926,157
17.8% age 65+
GDP per capita
$79,519

Frequently asked questions

Salon & Barbershop market in Detroit: common questions

How big is the salon & barbershop market in Detroit, MI?

The salon & barbershop market in Detroit, MI has a total addressable market of $884M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Detroit the #19 largest salon & barbershop market of 925 U.S. MSAs.

How many salon & barbershop companies are in Detroit?

PinpointIQ tracks 1,112 salon & barbershop establishments in the Detroit MSA, employing approximately 5,746 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Detroit rank nationally for salon & barbershop?

Detroit scores 68/100 on PinpointIQ's Salon & Barbershop Market Score, ranking #132 of 925 U.S. metros — the 86th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for salon & barbershop operators and investors.

What drives salon & barbershop demand in Detroit?

PinpointIQ scores Detroit's salon & barbershop market on 3 components: % HH Income >$150K (35% weight, 84th percentile); Fragmentation Score (35% weight, 24th percentile); Total Population (30% weight, 99th percentile). The weights are calibrated to the salon & barbershop vertical and applied consistently across every U.S. MSA.

What are the biggest salon & barbershop sub-segments in Detroit?

Detroit's $884M salon & barbershop TAM breaks down into: Barber_salon Barber Visits ($884M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Detroit growing? How does population affect the salon & barbershop market?

Detroit has a population of 4,376,828 and has grown 1.7% over the last 5 years. Population change is one of the drivers of salon & barbershop 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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