Remodelers Market: ZIP 06516
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06516 is an urban area with moderate foot traffic. with a population of 55,147 and household incomes near the national median ($73,566). There are 9 remodelers operations in ZIP 06516.
Area Profile
55,147
Population
$73,566
Median Income
-1% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 36.0 —
mixed-age market, broad menu appeal.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 06516.
9
Remodelers
Moderate — proven market
1.6 per 10K residents
18
HVAC Contractors
3.3 per 10K residents
5
Roofing Contractors
0.9 per 10K residents
What this means:
Remodelers are 28.1% of the relevant market in ZIP 06516 (9 vs. 23 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,389
Median Gross Rent
$270 K
Median Home Value
6
Bank Branches
$570 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 9
- Related Businesses
- 23
- Bank Branches
- 6
vs. National Average
Median Income
-1% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
06519
2.7 mi
Pop: 15,426
$44,394
Walk: 14.1
06510
3.5 mi
Pop: 4,205
$63,598
06515
3.8 mi
Pop: 18,388
$74,044
Walk: 13.3
06511
4.1 mi
Pop: 54,744
$56,300
Walk: 14.8
06477
4.2 mi
Pop: 14,251
$145,625
Walk: 7.9
06512
6.2 mi
Pop: 29,347
$84,034
Walk: 13.0
06517
6.6 mi
Pop: 14,867
$97,154
Walk: 13.0
06460
6.7 mi
Pop: 37,084
$106,776
Walk: 11.4
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