Remodelers Market: ZIP 01742
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01742 is an urban area with low foot traffic. with a population of 18,337 and household incomes well above the national median ($211,435). There are 14 remodelers operations in ZIP 01742.
Area Profile
18,337
Population
$211,435
Median Income
+184% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 44.7 —
older demographic, may prefer sit-down options.
College-Educated: 52.9% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 01742.
14
Remodelers
Moderate — proven market
7.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,330
2BR Fair Market Rent
$2,471
Median Gross Rent
$1.1 M
Median Home Value
8
Bank Branches
$1.6 M deposits
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 $211,435. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 14
- Bank Branches
- 8
vs. National Average
Median Income
+184% vs. $74,580
Walkability
-1.3 pts vs. national avg
Nearby Markets
01773
4.5 mi
Pop: 5,257
$197,292
Walk: 7.8
01741
5.1 mi
Pop: 5,209
$250,001
Walk: 5.3
01720
5.3 mi
Pop: 23,322
$154,101
Walk: 7.3
01731
5.5 mi
Pop: 1,745
$101,194
01718
6.1 mi
Pop: 528
$125,972
01730
6.2 mi
Pop: 14,478
$158,286
01776
6.7 mi
Pop: 19,067
$234,634
Walk: 6.7
01754
6.8 mi
Pop: 10,663
$119,549
Walk: 7.2
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