Beauty and personal care · Small-town market · Michigan
Hair salons in the Coldwater, MI area
The hair salons in the Coldwater, MI area, the household spending behind them and how the market ranks against other small-town markets.
Groundwork market score · out of 100
Score 65 out of 100: Upper middle
Ranked #94 of 538 scored small-town markets
#3 of 18 scored small-town markets based in Michigan
- Listings
- 31
- 6 chain locations (19%)
- Official establishments
- 6
- Businesses with payroll, 2023
- Household spending a year
- $15.1M
- On personal care products and services · $891 a household
- Spending per listing
- $486K
- 13% above the U.S.
- Listings per 10k households
- 18.3
- 22% below the U.S.
- Population, 2025
- 45,993
- +2.5% since 2020
See the hair salons around any address in the Coldwater 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 Coldwater area. Signed out, you see a blurred preview; on an account, each report is one action.
Free10 actions over 3 days, no cardSurvey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure
What this means
Household spending on personal care products and services in the Coldwater area comes to about $15.1M a year: $891 per household, 11% below the U.S. average. That is about $486K of household spending for each salon on map listings, 13% above the U.S. figure of $430K. The spending figure covers all personal care products and services, not only hair salons.
There are 31 hair salons on map listings in the Coldwater area as of September 2026. Chain locations make up 19% of them, against 14% across the U.S. That comes to 18.3 for every 10,000 households, 22% below the U.S. rate of 23.4.
The official count of businesses with payroll classed as beauty salons in the Coldwater area was 6 in 2023. That is one for every 2,818 households, against one for every 1,535 across the U.S. Official counts list 85 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 65 (upper middle) on the Groundwork market score for hair salons, ranking #94 of 538 scored small-town markets and #3 of 18 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 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.
| Measure | Coldwater area | Michigan | U.S. |
|---|---|---|---|
| Listings per 10k households | 18.3 | 21.2 | 23.4 |
| Spending per listing | $486K | $464K | $430K |
| Households per official establishment | 2,818 | 1,879 | 1,535 |
| Official establishment growth, 2019–2023 | n/a | +3.0% | +6.0% |
| 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 score | 65 | 49 |
Official counts and lending
Businesses
- Official establishments, 2019 to 2023
- 6
- Employees, 2023
- 20
- Annual payroll, 2023
- $382K
- One-person businesses, 2023
- 85Businesses with no payroll
- Map listings, September 2026
- 316 chain locations
- Listings at the U.S. rate for this spending
- 35The 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 beauty salons 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 hair salons 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.
Free10 actions over 3 days, no cardHair salons across Michigan
Every Michigan market ranked →The highest-scoring small-town markets in Michigan for hair salons, 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
| Market | Score | Listings | Per 10k households | Spending per listing | Population growth | U.S. rank |
|---|---|---|---|---|---|---|
| 1Holland, MI | 80 | 58 | 12.7 | $807K | +2.1% | #11 of 538 |
| 2Houghton, MI | 80 | 22 | 14.2 | $628K | +1.8% | #12 of 538 |
| 3Coldwater, MI | 65 | 31 | 18.3 | $486K | +2.5% | #94 of 538 |
| 4Big Rapids, MI | 63 | 27 | 16.2 | $535K | +4.7% | #118 of 538 |
| 5Marquette, MI | 62 | 49 | 17.3 | $522K | +2.3% | #127 of 538 |
| 6Adrian, MI | 62 | 71 | 18.3 | $516K | −1.6% | #128 of 538 |
| 7Hillsdale, MI | 62 | 32 | 17.9 | $505K | 0.0% | #130 of 538 |
| 8Alma, MI | 58 | 26 | 17.6 | $508K | −1.1% | #170 of 538 |
| Marinette, WI-MI | 57 | 54 | 18.4 | $480K | +0.3% | #186 of 538 |
| 9Owosso, MI | 57 | 57 | 20.3 | $455K | −0.4% | #188 of 538 |
Other business types in the Coldwater area
Each with its Groundwork market score here, out of 100, where it has one.
Food and drink
Groceries and convenience
Auto
Beauty and personal care
- Salons, barbers and spas74
- Hair salons65
- Barbershops67
- Nail salons
- Spas and skin care79
Fitness and classes
Health care
Child care
Clothing and laundry
Home services
Real estate
Funeral services
Questions
How many hair salons are in the Coldwater, MI area?
As of September 2026, map listings count 31 hair salons in the Coldwater area. 6 of them (19%) are chain locations. The listings count hair and beauty salons. Official counts show 6 businesses with payroll classed as beauty salons in 2023. Official counts also show 85 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 31 hair salons on map listings, it comes to $486K 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 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 hair salons?
The Coldwater area has 18.3 hair salons per 10,000 households, 22% below the U.S. rate of 23.4. Spending per salon is $486K, 13% above the U.S. figure of $430K. At the U.S. ratio of hair salons to household spending, the Coldwater area would have about 35, against 31 on map listings. There is one business with payroll in the industry for every 2,818 households, against one for every 1,535 across the U.S.
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 65 for hair salons (upper middle), #94 of 538 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 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 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.