Remodelers Market: ZIP 01905
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01905 is an urban area with moderate foot traffic. with a population of 27,188 and household incomes above the national median ($84,341). There are 36 remodelers operations in ZIP 01905.
Area Profile
27,188
Population
$84,341
Median Income
+13% vs. national
Urban
Area Type
14.0/20
Foot Traffic
Walkable
Median Age: 33.6 —
mixed-age market, broad menu appeal.
College-Educated: 13.4% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 01905.
36
Remodelers
Competitive — differentiation needed
13.2 per 10K residents
5
HVAC Contractors
1.8 per 10K residents
6
Roofing Contractors
2.2 per 10K residents
What this means:
Remodelers are 76.6% of the relevant market in ZIP 01905 (36 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,749
Median Gross Rent
$440 K
Median Home Value
1
Bank Branches
$130 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 36
- Related Businesses
- 11
- Bank Branches
- 1
vs. National Average
Median Income
+13% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
01901
1.8 mi
Pop: 1,934
$27,561
01904
2.0 mi
Pop: 20,103
$100,597
Walk: 15.0
01902
2.2 mi
Pop: 51,680
$66,755
Walk: 15.0
01906
2.8 mi
Pop: 28,599
$100,819
Walk: 13.7
02151
3.6 mi
Pop: 59,949
$80,948
Walk: 14.8
01908
4.0 mi
Pop: 3,328
$111,004
Walk: 13.8
01907
4.6 mi
Pop: 15,279
$127,714
Walk: 14.2
01960
5.0 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