Remodelers Market: ZIP 04063
Opportunity Score
24
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04063 is an urban area. with a population of 565 and household incomes near the national median ($60,594).
Area Profile
565
Population
$60,594
Median Income
-19% vs. national
Urban
Area Type
Median Age: 70.7 —
older demographic, may prefer sit-down options.
College-Educated: 68.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$558
Median Gross Rent
$440 K
Median Home Value
Tips for Starting a Home Remodeling Business in Maine
- 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
vs. National Average
Median Income
-19% vs. $74,580
Nearby Markets
04064
1.8 mi
Pop: 8,585
$66,689
04006
5.3 mi
Pop: 72
$250,001
Walk: 6.4
04072
6.0 mi
Pop: 20,636
$84,328
Walk: 6.3
04005
6.3 mi
Pop: 24,698
$71,268
Walk: 6.1
04074
6.5 mi
Pop: 22,527
$125,642
Walk: 7.5
04046
7.3 mi
Pop: 8,035
$99,861
Walk: 6.7
04106
11.8 mi
Pop: 26,966
$83,744
Walk: 13.9
04107
12.5 mi
Pop: 9,581
$145,464
Walk: 11.2
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