Spa & Med Spa · Baltimore, MD

Spa & Med Spa Market in
Baltimore, MD

$232M TAM · Market Score 97/100 · Ranked #20 of 925 MSAs by TAM

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

Total TAM
$232M
rank #20 of 925
Market Score
97/100
rank #11 of 925 · 99th percentile
Operators
Pop. growth (5-yr)
2.1%
rank #416 of 872

Market Score breakdown

How Baltimore scored 97/100 for Spa & Med Spa

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Baltimore ranks in the 99th percentile nationally for Spa & Med Spa.

ComponentWeightValuePercentile
% HH Income >$150K45%31.2897
Population 50-6430%553,53298
Median HH Income25%99,47096

TAM by segment

$232M in Baltimore broken down by segment

Medspa_spa Recurring
$232M
100% of total TAM

Demographic snapshot

Who lives and buys in Baltimore

Population
2,849,436
2.1% 5-yr growth
Median HH income
$99,470
31.3% HHs $150K+
Housing units
1,201,675
16.7% age 65+
GDP per capita
$96,660

Frequently asked questions

Spa & Med Spa market in Baltimore: common questions

How big is the spa & med spa market in Baltimore, MD?

The spa & med spa market in Baltimore, MD has a total addressable market of $232M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Baltimore the #20 largest spa & med spa market of 925 U.S. MSAs.

How does Baltimore rank nationally for spa & med spa?

Baltimore scores 97/100 on PinpointIQ's Spa & Med Spa Market Score, ranking #11 of 925 U.S. metros — the 99th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for spa & med spa operators and investors.

What drives spa & med spa demand in Baltimore?

PinpointIQ scores Baltimore's spa & med spa market on 3 components: % HH Income >$150K (45% weight, 97th percentile); Population 50-64 (30% weight, 98th percentile); Median HH Income (25% weight, 96th percentile). The weights are calibrated to the spa & med spa vertical and applied consistently across every U.S. MSA.

What are the biggest spa & med spa sub-segments in Baltimore?

Baltimore's $232M spa & med spa TAM breaks down into: Medspa_spa Recurring ($232M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Baltimore growing? How does population affect the spa & med spa market?

Baltimore has a population of 2,849,436 and has grown 2.1% over the last 5 years. Population change is one of the drivers of spa & med spa 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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