Remodelers Market: ZIP 07022
Opportunity Score
78
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07022 is an urban area with high foot traffic. with a population of 14,920 and household incomes near the national median ($64,152). There are 25 remodelers operations in ZIP 07022.
Area Profile
14,920
Population
$64,152
Median Income
-14% vs. national
Urban
Area Type
15.2/20
Foot Traffic
Very Walkable
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 17.0% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 07022.
25
Remodelers
Competitive — differentiation needed
16.8 per 10K residents
5
HVAC Contractors
3.4 per 10K residents
What this means:
Remodelers are 83.3% of the relevant market in ZIP 07022 (25 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,960
2BR Fair Market Rent
$1,597
Median Gross Rent
$510 K
Median Home Value
4
Bank Branches
$390 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 25
- Related Businesses
- 5
- Bank Branches
- 4
vs. National Average
Median Income
-14% vs. $74,580
Walkability
+4.7 pts vs. national avg
Nearby Markets
07010
1.0 mi
Pop: 25,580
$94,960
Walk: 14.5
07657
1.1 mi
Pop: 11,439
$115,676
Walk: 14.5
07650
1.8 mi
Pop: 20,192
$101,295
Walk: 15.1
07020
2.0 mi
Pop: 14,544
$137,847
Walk: 15.1
07047
2.4 mi
Pop: 61,202
$75,505
Walk: 14.3
07093
2.4 mi
Pop: 63,321
$70,389
Walk: 15.1
07643
2.6 mi
Pop: 10,942
$79,476
Walk: 14.1
07660
2.6 mi
Pop: 13,167
$98,184
Walk: 14.6
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