Remodelers Market: ZIP 00740
Opportunity Score
25
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00740 is an urban area with low foot traffic. with a population of 1,959 and household incomes below the national median ($23,173).
Area Profile
1,959
Population
$23,173
Median Income
-69% vs. national
Urban
Area Type
5.4/20
Foot Traffic
Very Car-Dependent
Median Age: 35.8 —
mixed-age market, broad menu appeal.
College-Educated: 19.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$600
2BR Fair Market Rent
$531
Median Gross Rent
$100 K
Median Home Value
Tips for Starting a Home Remodeling Business in ZIP 00740
- Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
- Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
- Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
- Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
- Median income sits at $23,173. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-69% vs. $74,580
Walkability
-5.1 pts vs. national avg
Nearby Markets
00738
5.1 mi
Pop: 29,797
$25,365
Walk: 5.0
00735
6.1 mi
Pop: 11,159
$23,009
Walk: 3.0
00773
6.3 mi
Pop: 17,631
$23,769
Walk: 3.8
00718
11.1 mi
Pop: 23,174
$21,481
Walk: 3.1
00745
12.4 mi
Pop: 47,077
$26,980
Walk: 4.3
00741
14.5 mi
Pop: 3,733
$25,827
00729
17.6 mi
Pop: 47,653
$28,765
Walk: 5.3
00791
18.2 mi
Pop: 45,912
$25,925
Walk: 4.0
Check Another Market
Or estimate costs with the RemodCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits