Water & Wastewater Utilities · Grand Rapids, MI

Water & Wastewater Utilities Market in
Grand Rapids, MI

$64M TAM · Market Score 92/100 · Ranked #49 of 925 MSAs by TAM

Bottom-up market data for the Grand Rapids, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$64M
rank #49 of 925
Market Score
92/100
rank #22 of 872 · 98th percentile
Operators
Pop. growth (5-yr)
11.8%
rank #104 of 872

Market Score breakdown

How Grand Rapids scored 92/100 for Water & Wastewater Utilities

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 98th percentile nationally for Water & Wastewater Utilities.

ComponentWeightValuePercentile
Total Households40%440,31695
Fragmentation Score35%
Total Pop Growth (5-Year)25%11.888

TAM by segment

$64M in Grand Rapids broken down by segment

Utilities_water Residential Service
$51M
80% of total TAM
Utilities_water Commercial Service
$13M
20% of total TAM

Demographic snapshot

Who lives and buys in Grand Rapids

Population
1,162,152
11.8% 5-yr growth
Median HH income
$82,874
20.5% HHs $150K+
Housing units
467,528
15.8% age 65+
GDP per capita
$75,888

Frequently asked questions

Water & Wastewater Utilities market in Grand Rapids: common questions

How big is the water & wastewater utilities market in Grand Rapids, MI?

The water & wastewater utilities market in Grand Rapids, MI has a total addressable market of $64M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #49 largest water & wastewater utilities market of 872 U.S. MSAs.

How does Grand Rapids rank nationally for water & wastewater utilities?

Grand Rapids scores 92/100 on PinpointIQ's Water & Wastewater Utilities Market Score, ranking #22 of 872 U.S. metros — the 98th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for water & wastewater utilities operators and investors.

What drives water & wastewater utilities demand in Grand Rapids?

PinpointIQ scores Grand Rapids's water & wastewater utilities market on 3 components: Total Households (40% weight, 95th percentile); Fragmentation Score (35% weight, n/a); Total Pop Growth (5-Year) (25% weight, 88th percentile). The weights are calibrated to the water & wastewater utilities vertical and applied consistently across every U.S. MSA.

What are the biggest water & wastewater utilities sub-segments in Grand Rapids?

Grand Rapids's $64M water & wastewater utilities TAM breaks down into: Utilities_water Residential Service ($51M, 80% of TAM); Utilities_water Commercial Service ($13M, 20% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Grand Rapids growing? How does population affect the water & wastewater utilities 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 water & wastewater utilities 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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