Veterinary Practices · Providence, RI

Veterinary Practices Market in
Providence, RI

$608M TAM · Market Score 71/100 · Ranked #37 of 925 MSAs by TAM

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

Total TAM
$608M
rank #37 of 925
Market Score
71/100
rank #61 of 925 · 94th percentile
Operators
141
1,958 employees
Pop. growth (5-yr)
4.4%
rank #301 of 872

Market Score breakdown

How Providence scored 71/100 for Veterinary Practices

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Providence ranks in the 94th percentile nationally for Veterinary Practices.

ComponentWeightValuePercentile
% HH Income >$150K35%24.9791
Fragmentation Score35%29.429
Total Population30%1,684,07196

TAM by segment

$608M in Providence broken down by segment

Veterinary Per Cap
$608M
100% of total TAM

Demographic snapshot

Who lives and buys in Providence

Population
1,684,071
4.4% 5-yr growth
Median HH income
$87,040
25.0% HHs $150K+
Housing units
730,957
18.4% age 65+
GDP per capita
$69,131

Frequently asked questions

Veterinary Practices market in Providence: common questions

How big is the veterinary practices market in Providence, RI?

The veterinary practices market in Providence, RI has a total addressable market of $608M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Providence the #37 largest veterinary practices market of 925 U.S. MSAs.

How many veterinary practices companies are in Providence?

PinpointIQ tracks 141 veterinary practices establishments in the Providence MSA, employing approximately 1,958 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Providence rank nationally for veterinary practices?

Providence scores 71/100 on PinpointIQ's Veterinary Practices Market Score, ranking #61 of 925 U.S. metros — the 94th 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 Providence?

PinpointIQ scores Providence's veterinary practices market on 3 components: % HH Income >$150K (35% weight, 91th percentile); Fragmentation Score (35% weight, 29th percentile); Total Population (30% weight, 96th 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 Providence?

Providence's $608M veterinary practices TAM breaks down into: Veterinary Per Cap ($608M, 100% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Providence growing? How does population affect the veterinary practices market?

Providence has a population of 1,684,071 and has grown 4.4% 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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