Remodelers Market: ZIP 02827
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02827 is an urban area with low foot traffic. with a population of 2,441 and household incomes well above the national median ($135,139).
Area Profile
2,441
Population
$135,139
Median Income
+81% vs. national
Urban
Area Type
4.3/20
Foot Traffic
Very Car-Dependent
Median Age: 43.8 —
older demographic, may prefer sit-down options.
College-Educated: 23.0% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 02827.
8
HVAC Contractors
32.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,810
2BR Fair Market Rent
$2,677
Median Gross Rent
$380 K
Median Home Value
Tips for Starting a Home Remodeling Business in Rhode Island
- 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 $135,139. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 8
vs. National Average
Median Income
+81% vs. $74,580
Walkability
-6.2 pts vs. national avg
Nearby Markets
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