Groundwork

Fitness and classes · Small-town market · Indiana

Martial arts and dance studios in the Richmond, IN area

Competitor counts, household spending and official business counts for martial arts and dance studios in the Richmond, IN area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 50 out of 100: Upper middle

Ranked #191 of 378 scored small-town markets
#8 of 15 scored small-town markets based in Indiana

Listings
11
2 chain locations (18%)
Official establishments
3
Businesses with payroll, 2023
Household spending a year
$18.5M
On memberships, classes and admissions · $685 a household
Spending per listing
$1.7M
17% below the U.S.
Listings per 10k households
4.1
16% below the U.S.
Population, 2025
66,169
−0.5% since 2020

See the martial arts and dance studios around any address in the Richmond area

The site report maps the martial arts and dance studios 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 Richmond 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 11 martial arts and dance studios in the Richmond area. Chain locations make up 18% of them, against 7% across the U.S. That is 4.1 per 10,000 households, 16% below the U.S. rate of 4.9.

Household spending on memberships, classes and admissions in the Richmond area comes to about $18.5M a year: $685 per household, 30% below the U.S. average. Spread across 11 martial arts and dance studios, that is $1.7M per studio, 17% below the U.S. figure of $2M. That spending covers all memberships, classes and admissions, which martial arts and dance studios share with other businesses in the trade.

Official counts show 3 businesses with payroll classed as sports, recreation and fine arts instruction in the Richmond area in 2023. That is one for every 8,992 households, against one for every 3,473 across the U.S.

Between 2020 and 2025, the population of the Richmond area declined 0.5%, against +3.1% for the U.S. For martial arts and dance studios, the Richmond area has a Groundwork market score of 50 (upper middle): #191 of 378 scored small-town markets and #8 of 15 scored small-town markets based in Indiana.

How the Richmond area compares

The same measures for Indiana and the whole U.S. Spending per listing divides a year of household spending on all memberships, classes and admissions by the martial arts and dance studios counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Martial arts and dance studios in Richmond, IN area compared with Indiana and the U.S.
MeasureRichmond areaIndianaU.S.
Listings per 10k households4.13.64.9
Spending per listing$1.7M$2.4M$2M
Households per official establishment8,9924,9033,473
Official establishment growth, 2019–2023n/a+9.1%+11.1%
Population growth, 2020–2025−0.5%+2.7%+3.1%
Spending per household on memberships, classes and admissions$685$864$983
Median household income$55,692$71,957$80,734
Groundwork market score5064

Official counts and lending

Businesses

Official establishments, 2019 to 2023
3
Employees, 2023
16
Annual payroll, 2023
$122K
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
112 chain locations
Listings at the U.S. rate for this spending
9The 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 sports, recreation and fine arts instruction in the Richmond 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 Richmond area

Population, 2025 estimate
66,169−0.5% since 2020
Households
26,975
Median age
41.4
Homes lived in by their owners
69%
Vehicles per household
1.8
Land area
402 sq. mi.
People per square mile
165
Median household income
$55,692+19.7% vs. 2015–2019, before inflation
Average household income
$79,425
Median home value
$140,200
Jobs located here
29,039
Daytime population
66,064Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Richmond 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 martial arts and dance studios on map listings by name and distance.

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

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Martial arts and dance studios across Indiana

Every Indiana market ranked →

The highest-scoring small-town markets in Indiana for martial arts and dance studios, numbered among those based in Indiana, with the Richmond area marked.

Top small-town markets in Indiana

Small-town markets in Indiana ranked for martial arts and dance studios by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Seymour, IN7752.8$2.9M+1.9%#15 of 378
2Jasper, IN7663.4$2.6M+0.9%#22 of 378
3Plymouth, IN6763.4$2.3M+1.2%#64 of 378
4Warsaw, IN66113.4$2.5M+0.9%#70 of 378
5Bedford, IN6073.7$2M+1.2%#116 of 378
6New Castle, IN5763.2$2.2M+0.5%#139 of 378
7Decatur, IN5754.0$1.9M+2.2%#142 of 378
8Richmond, IN50114.1$1.7M−0.5%#191 of 378
9Frankfort, IN4954.0$1.8M+0.4%#202 of 378
10Logansport, IN4653.3$1.9M+0.1%#217 of 378

Other business types in the Richmond area

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

Questions

How many martial arts and dance studios are in the Richmond, IN area?

The Richmond area has 11 martial arts and dance studios on map listings as of September 2026. 2 of them (18%) are chain locations. The listings count martial arts and dance studios. Official counts show 3 businesses with payroll classed as sports, recreation and fine arts instruction in 2023.

How much do households in the Richmond, IN area spend on memberships, classes and admissions?

About $18.5M a year, or $685 per household. That is 30% below the U.S. average (an index of 70, where 100 is the U.S. average). Spread across the 11 martial arts and dance studios on map listings, it comes to $1.7M per studio. The spending figure covers all memberships, classes and admissions, not only martial arts and dance studios. It is estimated from the incomes of the 26,975 households in the Richmond area and national spending patterns by income.

How does the Richmond, IN area compare with the U.S. for martial arts and dance studios?

The Richmond area has 4.1 martial arts and dance studios per 10,000 households, 16% below the U.S. rate of 4.9. Spending per studio is $1.7M, 17% below the U.S. figure of $2M. At the national ratio of martial arts and dance studios to household spending, the Richmond area would have about 9, against 11 on map listings. There is one business with payroll in the industry for every 8,992 households, against one for every 3,473 across the U.S.

How fast is the Richmond, IN area growing?

Population estimates put the Richmond area at 66,169 people in 2025, down 0.5% since 2020, against +3.1% for the U.S. It has 26,975 households. Median household income in the Richmond area is $55,692, 31% below the U.S. median of $80,734. Against the 2015–2019 survey, the median rose 19.7%, 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 Richmond area scores 50 for martial arts and dance studios (upper middle), #191 of 378 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Richmond area. It maps the martial arts and dance studios 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 martial arts and dance studios · All 56 business types in the Richmond area

Screening a site or an acquisition in the Richmond 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 Richmond 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.