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Home ZIP 00907

Remodelers Market: ZIP 00907

Opportunity Score
47 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 00907 is an urban area with low foot traffic. with a population of 15,911 and household incomes below the national median ($42,116).

Area Profile

15,911
Population
$42,116
Median Income
-44% vs. national
Urban
Area Type
5.9/20
Foot Traffic
Very Car-Dependent
Median Age: 52.6 — older demographic, may prefer sit-down options.
College-Educated: 52.2% — strong appetite for artisan/specialty food.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$940
2BR Fair Market Rent
$1,020
Median Gross Rent
$320 K
Median Home Value
9
Bank Branches
$1.8 M deposits

Tips for Starting a Home Remodeling Business in ZIP 00907

  • 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 $42,116. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits