Spa & Med Spa · Detroit, MI

Spa & Med Spa Market in
Detroit, MI

$239M TAM · Market Score 87/100 · 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
$239M
rank #19 of 925
Market Score
87/100
rank #88 of 925 · 90th percentile
Operators
Pop. growth (5-yr)
1.7%
rank #438 of 872

Market Score breakdown

How Detroit scored 87/100 for Spa & Med Spa

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Detroit ranks in the 90th percentile nationally for Spa & Med Spa.

ComponentWeightValuePercentile
% HH Income >$150K45%21.0284
Population 50-6430%894,28499
Median HH Income25%76,66477

TAM by segment

$239M in Detroit broken down by segment

Medspa_spa Recurring
$239M
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

Spa & Med Spa market in Detroit: common questions

How big is the spa & med spa market in Detroit, MI?

The spa & med spa market in Detroit, MI has a total addressable market of $239M, 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 spa & med spa market of 925 U.S. MSAs.

How does Detroit rank nationally for spa & med spa?

Detroit scores 87/100 on PinpointIQ's Spa & Med Spa Market Score, ranking #88 of 925 U.S. metros — the 90th 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 Detroit?

PinpointIQ scores Detroit's spa & med spa market on 3 components: % HH Income >$150K (45% weight, 84th percentile); Population 50-64 (30% weight, 99th percentile); Median HH Income (25% weight, 77th 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 Detroit?

Detroit's $239M spa & med spa TAM breaks down into: Medspa_spa Recurring ($239M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Detroit growing? How does population affect the spa & med spa 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 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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