Remodelers Market: ZIP 06840
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06840 is an urban area with low foot traffic. with a population of 20,704 and household incomes well above the national median ($250,001). There are 15 remodelers operations in ZIP 06840.
Area Profile
20,704
Population
$250,001
Median Income
+235% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 42.5 —
older demographic, may prefer sit-down options.
College-Educated: 53.3% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 06840.
15
Remodelers
Moderate — proven market
7.2 per 10K residents
4
HVAC Contractors
1.9 per 10K residents
What this means:
Remodelers are 78.9% of the relevant market in ZIP 06840 (15 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,500
2BR Fair Market Rent
$3,501
Median Gross Rent
$1.5 M
Median Home Value
8
Bank Branches
$3.3 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 15
- Related Businesses
- 4
- Bank Branches
- 8
vs. National Average
Median Income
+235% vs. $74,580
Walkability
-5.3 pts vs. national avg
Nearby Markets
06907
4.3 mi
Pop: 9,071
$104,526
Walk: 12.2
06850
4.4 mi
Pop: 19,774
$121,910
Walk: 7.9
06903
5.2 mi
Pop: 13,630
$203,438
Walk: 8.6
06897
5.4 mi
Pop: 18,439
$227,165
Walk: 6.3
06905
5.8 mi
Pop: 20,126
$132,730
Walk: 13.3
06820
6.0 mi
Pop: 21,683
$250,001
Walk: 10.4
06906
6.3 mi
Pop: 9,472
$91,710
Walk: 14.0
10576
6.5 mi
Pop: 4,904
$227,344
Walk: 8.7
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