Remodelers Market: ZIP 07001
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07001 is an urban area with high foot traffic. with a population of 17,143 and household incomes above the national median ($95,935). There are 4 remodelers operations in ZIP 07001.
Area Profile
17,143
Population
$95,935
Median Income
+29% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 39.3 —
mixed-age market, broad menu appeal.
College-Educated: 22.3% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 07001.
4
Remodelers
Low competition — room to establish
2.3 per 10K residents
4
HVAC Contractors
2.3 per 10K residents
What this means:
Remodelers are 50.0% of the relevant market in ZIP 07001 (4 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,190
2BR Fair Market Rent
$1,839
Median Gross Rent
$350 K
Median Home Value
4
Bank Branches
$540 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 4
- Related Businesses
- 4
- Bank Branches
- 4
vs. National Average
Median Income
+29% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
07065
1.8 mi
Pop: 29,748
$90,852
Walk: 13.6
07064
2.1 mi
Pop: 3,742
$143,194
07077
2.4 mi
Pop: 3,196
$106,926
07095
2.5 mi
Pop: 20,086
$99,718
Walk: 14.0
07008
2.9 mi
Pop: 25,220
$87,712
Walk: 11.3
07067
2.9 mi
Pop: 18,294
$134,301
Walk: 12.9
08830
3.4 mi
Pop: 19,151
$112,615
Walk: 13.7
07036
3.5 mi
Pop: 45,101
$89,942
Walk: 14.2
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