Remodelers Market: ZIP 01984
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01984 is an urban area with low foot traffic. with a population of 4,930 and household incomes well above the national median ($187,652). There are 4 remodelers operations in ZIP 01984.
Area Profile
4,930
Population
$187,652
Median Income
+152% vs. national
Urban
Area Type
5.7/20
Foot Traffic
Very Car-Dependent
Median Age: 29.6 —
young market, strong street food demand.
College-Educated: 35.6% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 01984.
4
Remodelers
Low competition — room to establish
8.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$840 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.
- The median income here is $187,652. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 4
vs. National Average
Median Income
+152% vs. $74,580
Walkability
-4.8 pts vs. national avg
Nearby Markets
01915
2.3 mi
Pop: 41,656
$102,347
Walk: 14.2
01982
2.5 mi
Pop: 7,646
$127,137
Walk: 7.8
01965
4.8 mi
Pop: 752
$250,001
01923
5.0 mi
Pop: 27,778
$117,072
Walk: 9.8
01983
5.0 mi
Pop: 6,535
$176,698
Walk: 7.5
01970
5.0 mi
Pop: 44,115
$85,189
Walk: 14.6
01938
6.6 mi
Pop: 13,820
$124,405
Walk: 7.4
01945
7.0 mi
Pop: 20,390
$164,325
Walk: 13.3
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