Remodelers Market: ZIP 01731
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01731 is an urban area. with a population of 1,745 and household incomes well above the national median ($101,194).
Area Profile
1,745
Population
$101,194
Median Income
+36% vs. national
Urban
Area Type
Median Age: 27.9 —
young market, strong street food demand.
College-Educated: 20.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$4,070
2BR Fair Market Rent
$3,501
Median Gross Rent
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.
- The median income here is $101,194. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+36% vs. $74,580
Nearby Markets
01730
2.4 mi
Pop: 14,478
$158,286
01773
3.2 mi
Pop: 5,257
$197,292
Walk: 7.8
02421
3.6 mi
Pop: 17,798
$212,843
Walk: 13.3
02420
4.6 mi
Pop: 16,287
$233,068
Walk: 11.9
02451
4.9 mi
Pop: 18,153
$119,509
Walk: 13.9
01742
5.5 mi
Pop: 18,337
$211,435
Walk: 9.2
01803
6.3 mi
Pop: 26,068
$142,421
Walk: 10.5
01821
6.3 mi
Pop: 30,203
$142,564
Walk: 11.0
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