Groundwork

Beauty and personal care · Metro area · Indiana

Hair salons in the Indianapolis-Carmel-Greenwood, IN metro area

The hair salons in the Indianapolis-Carmel-Greenwood, IN metro area, the household spending behind them and how the market ranks against other metro areas.

Groundwork market score · out of 100

Score 60 out of 100: Upper middle

Ranked #104 of 387 scored metro areas
#3 of 12 scored metro areas based in Indiana

Listings
1,989
298 chain locations (15%)
Official establishments
508
+14.5% since 2019
Household spending a year
$878.1M
On personal care products and services · $1,042 a household
Spending per listing
$441K
3% above the U.S.
Listings per 10k households
23.6
In line with the U.S.
Population, 2025
2,205,695
+5.4% since 2020

See the hair salons around any address in the Indianapolis-Carmel-Greenwood metro area

The site report maps the hair salons 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 Indianapolis-Carmel-Greenwood metro 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

At $1,042 per household (4% above the U.S. average), households in the Indianapolis-Carmel-Greenwood metro area spend about $878.1M a year on personal care products and services. That works out to $441K per salon, 3% above the U.S. figure of $430K. The spending figure covers all personal care products and services, not only hair salons.

The Indianapolis-Carmel-Greenwood metro area has 1,989 hair salons on map listings as of September 2026. 298 of them (15%) are chain locations, against 14% across the U.S. That is 23.6 per 10,000 households, in line with the U.S. rate of 23.4.

The official count of businesses with payroll classed as beauty salons in the Indianapolis-Carmel-Greenwood metro area was 508 in 2023, up 14.5% from 2019. That is one for every 1,659 households, against one for every 1,535 across the U.S. Official counts list 5,945 one-person businesses without payroll. Since fiscal 2022, 50 SBA-backed loans worth $11.3M have gone to businesses classed as beauty salons in the Indianapolis-Carmel-Greenwood metro area.

Between 2020 and 2025, the population of the Indianapolis-Carmel-Greenwood metro area grew 5.4%, faster than the U.S. (+3.1%). The Indianapolis-Carmel-Greenwood metro area scores 60 (upper middle) on the Groundwork market score for hair salons, ranking #104 of 387 scored metro areas and #3 of 12 scored metro areas based in Indiana.

How the Indianapolis-Carmel-Greenwood metro area compares

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

Hair salons in Indianapolis-Carmel-Greenwood, IN metro area compared with Indiana and the U.S.
MeasureIndianapolis-Carmel-Greenwood metro areaIndianaU.S.
Listings per 10k households23.621.123.4
Spending per listing$441K$460K$430K
Households per official establishment1,6591,8891,535
Official establishment growth, 2019–2023+14.5%+6.1%+6.0%
Population growth, 2020–2025+5.4%+2.7%+3.1%
Spending per household on personal care products and services$1,042$971$1,005
Median household income$79,852$71,957$80,734
Groundwork market score6051

Official counts and lending

Businesses

Official establishments, 2019 to 2023
508+14.5% over the period
Employees, 2023
2,608
Annual payroll, 2023
$86.3M
One-person businesses, 2023
5,945Businesses with no payroll
Map listings, September 2026
1,989298 chain locations
Listings at the U.S. rate for this spending
2,041The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
50
Amount
$11.3M

SBA-backed loans to businesses classed as beauty salons in the Indianapolis-Carmel-Greenwood metro 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 Indianapolis-Carmel-Greenwood metro area

Population, 2025 estimate
2,205,695+5.4% since 2020
Households
842,765
Median age
38.2
Homes lived in by their owners
67%
Vehicles per household
1.8
Land area
4,086 sq. mi.
People per square mile
521
Median household income
$79,852
Average household income
$109,117
Median home value
$265,900
Jobs located here
1,145,198
Daytime population
2,228,376Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Indianapolis-Carmel-Greenwood metro area?

These figures cover the whole metro area. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the hair salons on map listings by name and distance.

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

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Hair salons across Indiana

Every Indiana market ranked →

The highest-scoring metro areas in Indiana for hair salons, numbered among those based in Indiana (a market based in another state is listed without a number), with the Indianapolis-Carmel-Greenwood metro area marked.

Top metro areas in Indiana

Metro areas in Indiana ranked for hair salons by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Columbus, IN777221.6$471K+4.3%#10 of 387
2Bloomington, IN6711516.9$549K+2.0%#48 of 387
Cincinnati, OH-KY-IN621,91921.2$483K+2.7%#80 of 387
3Indianapolis-Carmel-Greenwood, IN601,98923.6$441K+5.4%#104 of 387
4Fort Wayne, IN5935519.5$493K+3.9%#111 of 387
5Michigan City-La Porte, IN587417.0$559K−0.9%#116 of 387
6Lafayette-West Lafayette, IN5816618.3$498K+2.1%#117 of 387
7Elkhart-Goshen, IN5014620.2$468K+0.9%#179 of 387
8Kokomo, IN507019.7$459K+0.4%#180 of 387
9Muncie, IN509219.9$426K+1.2%#183 of 387

Other business types in the Indianapolis-Carmel-Greenwood metro area

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

Questions

How many hair salons are in the Indianapolis-Carmel-Greenwood, IN metro area?

Map listings as of September 2026 show 1,989 hair salons in the Indianapolis-Carmel-Greenwood metro area. 298 of them (15%) are chain locations. The listings count hair and beauty salons. Official counts show 508 businesses with payroll classed as beauty salons in 2023, up 14.5% from 2019. Official counts also show 5,945 one-person businesses without payroll.

How much do households in the Indianapolis-Carmel-Greenwood, IN metro area spend on personal care products and services?

About $878.1M a year, or $1,042 per household. That is 4% above the U.S. average (an index of 104, where 100 is the U.S. average). Spread across the 1,989 hair salons on map listings, it comes to $441K per salon. That spending covers all personal care products and services, which hair salons share with other businesses in the trade. It is estimated from the incomes of the 842,765 households in the Indianapolis-Carmel-Greenwood metro area and national spending patterns by income.

How does the Indianapolis-Carmel-Greenwood, IN metro area compare with the U.S. for hair salons?

The Indianapolis-Carmel-Greenwood metro area has 23.6 hair salons per 10,000 households, in line with the U.S. rate of 23.4. Spending per salon is $441K, 3% above the U.S. figure of $430K. At the U.S. ratio of hair salons to household spending, the Indianapolis-Carmel-Greenwood metro area would have about 2,041, against 1,989 on map listings. There is one business with payroll in the industry for every 1,659 households, against one for every 1,535 across the U.S. The official count rose 14.5% from 2019 to 2023, against +6.0% for the U.S.

How fast is the Indianapolis-Carmel-Greenwood, IN metro area growing?

Population estimates put the Indianapolis-Carmel-Greenwood metro area at 2,205,695 people in 2025, up 5.4% since 2020, faster than the U.S. (+3.1%). It has 842,765 households. Median household income in the Indianapolis-Carmel-Greenwood metro area is $79,852, in line with the U.S. median of $80,734.

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. 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 Indianapolis-Carmel-Greenwood metro area scores 60 for hair salons (upper middle), #104 of 387 scored metro areas.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Indianapolis-Carmel-Greenwood metro area. It maps the hair salons 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 hair salons · All 56 business types in the Indianapolis-Carmel-Greenwood metro area

Screening a site or an acquisition in the Indianapolis-Carmel-Greenwood metro 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 Indianapolis-Carmel-Greenwood metro 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.