Remodelers Market: ZIP 01901
Opportunity Score
23
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01901 is an urban area. with a population of 1,934 and household incomes below the national median ($27,561). There are 5 remodelers operations in ZIP 01901.
Area Profile
1,934
Population
$27,561
Median Income
-63% vs. national
Urban
Area Type
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 31.9% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 01901.
5
Remodelers
Low competition — room to establish
25.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,193
Median Gross Rent
$340 K
Median Home Value
4
Bank Branches
$500 K 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.
- Median income sits at $27,561. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Remodelers
- 5
- Bank Branches
- 4
vs. National Average
Median Income
-63% vs. $74,580
Nearby Markets
01902
0.8 mi
Pop: 51,680
$66,755
Walk: 15.0
01905
1.8 mi
Pop: 27,188
$84,341
Walk: 14.0
01908
2.6 mi
Pop: 3,328
$111,004
Walk: 13.8
01904
2.8 mi
Pop: 20,103
$100,597
Walk: 15.0
01907
2.9 mi
Pop: 15,279
$127,714
Walk: 14.2
01906
4.6 mi
Pop: 28,599
$100,819
Walk: 13.7
02151
4.8 mi
Pop: 59,949
$80,948
Walk: 14.8
01960
5.3 mi
Pop: 53,961
$95,173
Walk: 11.9
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