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Remodelers Market: ZIP 01610

Opportunity Score

52 / 100 Fair

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 01610 is an urban area with moderate foot traffic. with a population of 28,719 and household incomes below the national median ($43,757). There are 5 remodelers operations in ZIP 01610.

Area Profile

28,719

Population

$43,757

Median Income

-41% vs. national

Urban

Area Type

14.6/20

Foot Traffic

Very Car-Dependent

Median Age: 26.2 — young market, strong street food demand.

College-Educated: 9.6% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 01610.

Remodelers

Low competition — room to establish

1.7 per 10K residents

HVAC Contractors

1.0 per 10K residents

What this means: Remodelers are 62.5% of the relevant market in ZIP 01610 (5 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,660

2BR Fair Market Rent

$1,339

Median Gross Rent

$280 K

Median Home Value

Tips for Starting a Home Remodeling Business in Massachusetts

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 $43,757. Price sensitivity is real. Build your model around volume or keep overhead minimal.