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Home ZIP 07650

Remodelers Market: ZIP 07650

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 07650 is an urban area with high foot traffic. with a population of 20,192 and household incomes well above the national median ($101,295). There are 13 remodelers operations in ZIP 07650.

Area Profile

20,192
Population
$101,295
Median Income
+36% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 43.2 — older demographic, may prefer sit-down options.
College-Educated: 41.9% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 07650.

13
Remodelers
Moderate — proven market
6.4 per 10K residents
9
HVAC Contractors
4.5 per 10K residents
What this means: Remodelers are 59.1% of the relevant market in ZIP 07650 (13 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,320
2BR Fair Market Rent
$1,976
Median Gross Rent
$700 K
Median Home Value
10
Bank Branches
$1.3 M deposits

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits