Groundwork

Beauty and personal care · Small-town market · Michigan

Barbershops in the Coldwater, MI area

How the Coldwater, MI area compares with other small-town markets and the U.S. for barbershops: competitors, household spending, official counts and growth.

Groundwork market score · out of 100

Score 67 out of 100: Upper middle

Ranked #88 of 377 scored small-town markets
#3 of 8 scored small-town markets based in Michigan

Listings
6
2 chain locations (33%)
Official establishments
n/a
Fewer than 3, or not published
Household spending a year
$15.1M
On personal care products and services · $891 a household
Spending per listing
$2.5M
33% above the U.S.
Listings per 10k households
3.5
34% below the U.S.
Population, 2025
45,993
+2.5% since 2020

See the barbershops around any address in the Coldwater area

The site report maps the barbershops on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Coldwater area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

As of September 2026, map listings count 6 barbershops in the Coldwater area. 2 of them (33%) are chain locations, against 12% across the U.S. That is 3.5 per 10,000 households, 34% below the U.S. rate of 5.3.

Households in the Coldwater area spend about $15.1M a year on personal care products and services, or $891 per household, 11% below the U.S. average. That works out to $2.5M per shop, 33% above the U.S. figure of $1.9M. That spending covers all personal care products and services, which barbershops share with other businesses in the trade.

There is no official count of businesses with payroll classed as barber shops in the Coldwater area: counts under 3 aren’t published. Official counts also show 10 one-person businesses without payroll.

Between 2020 and 2025, the population of the Coldwater area grew 2.5%, slower than the U.S. (+3.1%). The Coldwater area scores 67 (upper middle) on the Groundwork market score for barbershops, ranking #88 of 377 scored small-town markets and #3 of 8 scored small-town markets based in Michigan. That puts it in the top quarter of small-town markets.

How the Coldwater area compares

The same measures for Michigan and the whole U.S. Spending per listing divides a year of household spending on all personal care products and services by the barbershops counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Barbershops in Coldwater, MI area compared with Michigan and the U.S.
MeasureColdwater areaMichiganU.S.
Listings per 10k households3.54.05.3
Spending per listing$2.5M$2.4M$1.9M
Households per official establishmentn/a21,68316,589
Official establishment growth, 2019–2023n/a+30.6%+28.5%
Population growth, 2020–2025+2.5%+0.6%+3.1%
Spending per household on personal care products and services$891$986$1,005
Median household income$63,724$72,875$80,734
Groundwork market score6751

Official counts and lending

Businesses

Official establishments, 2019 to 2023
n/a
Employees, 2023
n/a
Annual payroll, 2023
n/a
One-person businesses, 2023
10Businesses with no payroll
Map listings, September 2026
62 chain locations
Listings at the U.S. rate for this spending
8The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as barber shops in the Coldwater area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Coldwater area

Population, 2025 estimate
45,993+2.5% since 2020
Households
16,906
Median age
41.6
Homes lived in by their owners
78%
Vehicles per household
1.8
Land area
506 sq. mi.
People per square mile
89
Median household income
$63,724+22.7% vs. 2015–2019, before inflation
Average household income
$79,966
Median home value
$162,500
Jobs located here
14,063
Daytime population
41,389Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Coldwater area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the barbershops on map listings by name and distance.

Or open the report at the center of the Coldwater area. Signed out, you see a blurred preview; on an account, each report is one action.

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Barbershops across Michigan

Every Michigan market ranked →

The highest-scoring small-town markets in Michigan for barbershops, numbered among those based in Michigan (a market based in another state is listed without a number), with the Coldwater area marked.

Top small-town markets in Michigan

Small-town markets in Michigan ranked for barbershops by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
Marinette, WI-MI7162.0$4.3M+0.3%#59 of 377
1Sturgis, MI7062.5$3.6M+0.1%#68 of 377
2Houghton, MI6953.2$2.8M+1.8%#76 of 377
3Coldwater, MI6763.5$2.5M+2.5%#88 of 377
4Adrian, MI66123.1$3.1M−1.6%#92 of 377
5Petoskey, MI6174.6$2.2M−1.0%#120 of 377
6Mount Pleasant, MI5983.2$2.7M+0.3%#129 of 377
7Owosso, MI54124.3$2.2M−0.4%#166 of 377
8Alma, MI3785.4$1.7M−1.1%#273 of 377

Other business types in the Coldwater area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many barbershops are in the Coldwater, MI area?

The Coldwater area has 6 barbershops on map listings as of September 2026. 2 of them (33%) are chain locations. The listings count barbershops. No official count is published for barber shops in the Coldwater area: counts under 3 are left out. Official counts list 10 one-person businesses without payroll.

How much do households in the Coldwater, MI area spend on personal care products and services?

About $15.1M a year, or $891 per household. That is 11% below the U.S. average (an index of 89, where 100 is the U.S. average). Spread across the 6 barbershops on map listings, it comes to $2.5M per shop. The spending figure covers all personal care products and services, not only barbershops. It is estimated from the incomes of the 16,906 households in the Coldwater area and national spending patterns by income.

How does the Coldwater, MI area compare with the U.S. for barbershops?

The Coldwater area has 3.5 barbershops per 10,000 households, 34% below the U.S. rate of 5.3. Spending per shop is $2.5M, 33% above the U.S. figure of $1.9M. At the national ratio of barbershops to household spending, the Coldwater area would have about 8, against 6 on map listings.

How fast is the Coldwater, MI area growing?

Population estimates put the Coldwater area at 45,993 people in 2025, up 2.5% since 2020, slower than the U.S. (+3.1%). It has 16,906 households. Median household income in the Coldwater area is $63,724, 21% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 22.7%, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Coldwater area scores 67 for barbershops (upper middle), #88 of 377 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Coldwater area. It maps the barbershops on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for barbershops · All 56 business types in the Coldwater area

Screening a site or an acquisition in the Coldwater area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Coldwater area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.