Tire & Oil Change · Richmond, VA

Tire & Oil Change Market in
Richmond, VA

$199M TAM · Market Score 73/100 · Ranked #41 of 925 MSAs by TAM

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

Total TAM
$199M
rank #41 of 925
Market Score
73/100
rank #68 of 925 · 93th percentile
Operators
66
591 employees
Pop. growth (5-yr)
5.6%
rank #245 of 872

Market Score breakdown

How Richmond scored 73/100 for Tire & Oil Change

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 93th percentile nationally for Tire & Oil Change.

ComponentWeightValuePercentile
Estimated Vehicles40%1,023,43396
Fragmentation Score35%38.136
Median HH Income25%86,67990

TAM by segment

$199M in Richmond broken down by segment

Oil_tire Oil Oil Changes
$159M
80% of total TAM
Oil_tire Oil Rotation Inspect
$40M
20% 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

Tire & Oil Change market in Richmond: common questions

How big is the tire & oil change market in Richmond, VA?

The tire & oil change market in Richmond, VA has a total addressable market of $199M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #41 largest tire & oil change market of 925 U.S. MSAs.

How many tire & oil change companies are in Richmond?

PinpointIQ tracks 66 tire & oil change establishments in the Richmond MSA, employing approximately 591 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Richmond rank nationally for tire & oil change?

Richmond scores 73/100 on PinpointIQ's Tire & Oil Change Market Score, ranking #68 of 925 U.S. metros — the 93th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for tire & oil change operators and investors.

What drives tire & oil change demand in Richmond?

PinpointIQ scores Richmond's tire & oil change market on 3 components: Estimated Vehicles (40% weight, 96th percentile); Fragmentation Score (35% weight, 36th percentile); Median HH Income (25% weight, 90th percentile). The weights are calibrated to the tire & oil change vertical and applied consistently across every U.S. MSA.

What are the biggest tire & oil change sub-segments in Richmond?

Richmond's $199M tire & oil change TAM breaks down into: Oil_tire Oil Oil Changes ($159M, 80% of TAM); Oil_tire Oil Rotation Inspect ($40M, 20% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Richmond growing? How does population affect the tire & oil change 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 tire & oil change 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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