Remodelers Market: ZIP 04347
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 04347 is an suburban area with low foot traffic. with a population of 2,570 and household incomes near the national median ($58,811).
Area Profile
2,570
Population
$58,811
Median Income
-21% vs. national
Suburban
Area Type
9.5/20
Foot Traffic
Very Car-Dependent
Median Age: 49.8 —
older demographic, may prefer sit-down options.
College-Educated: 36.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$830
Median Gross Rent
$270 K
Median Home Value
2
Bank Branches
$36 K deposits
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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-21% vs. $74,580
Walkability
-1.0 pts vs. national avg
Nearby Markets
04344
2.0 mi
Pop: 3,001
$60,000
04351
4.9 mi
Pop: 2,464
$89,453
Walk: 7.7
04346
5.8 mi
Pop: 1,479
$52,917
04330
6.6 mi
Pop: 26,517
$55,158
Walk: 8.1
04345
6.6 mi
Pop: 12,363
$68,844
Walk: 7.1
04359
8.4 mi
Pop: 375
$120,652
Walk: 7.0
04364
10.1 mi
Pop: 6,153
$82,858
04355
11.3 mi
Pop: 2,628
$88,583
Walk: 5.8
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