Veterinary Practices Market in
Grand Rapids, MI
$344M TAM · Market Score 67/100 · Ranked #51 of 925 MSAs by TAM
Bottom-up market data for the Grand Rapids, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Grand Rapids scored 67/100 for Veterinary Practices
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 86th percentile nationally for Veterinary Practices.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % HH Income >$150K | 35% | 20.48 | 83 |
| Fragmentation Score | 35% | 27.3 | 27 |
| Total Population | 30% | 1,162,152 | 95 |
TAM by segment
$344M in Grand Rapids broken down by segment
Demographic snapshot
Who lives and buys in Grand Rapids
Frequently asked questions
Veterinary Practices market in Grand Rapids: common questions
How big is the veterinary practices market in Grand Rapids, MI?
The veterinary practices market in Grand Rapids, MI has a total addressable market of $344M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #51 largest veterinary practices market of 925 U.S. MSAs.
How many veterinary practices companies are in Grand Rapids?
PinpointIQ tracks 121 veterinary practices establishments in the Grand Rapids MSA, employing approximately 1,716 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Grand Rapids rank nationally for veterinary practices?
Grand Rapids scores 67/100 on PinpointIQ's Veterinary Practices Market Score, ranking #133 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 veterinary practices operators and investors.
What drives veterinary practices demand in Grand Rapids?
PinpointIQ scores Grand Rapids's veterinary practices market on 3 components: % HH Income >$150K (35% weight, 83th percentile); Fragmentation Score (35% weight, 27th percentile); Total Population (30% weight, 95th percentile). The weights are calibrated to the veterinary practices vertical and applied consistently across every U.S. MSA.
What are the biggest veterinary practices sub-segments in Grand Rapids?
Grand Rapids's $344M veterinary practices TAM breaks down into: Veterinary Per Cap ($344M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Grand Rapids growing? How does population affect the veterinary practices market?
Grand Rapids has a population of 1,162,152 and has grown 11.8% over the last 5 years. Population change is one of the drivers of veterinary practices 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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