Remodelers Market: ZIP 07716
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07716 is an urban area with moderate foot traffic. with a population of 8,528 and household incomes well above the national median ($124,096). There are 4 remodelers operations in ZIP 07716.
Area Profile
8,528
Population
$124,096
Median Income
+66% vs. national
Urban
Area Type
14.9/20
Foot Traffic
Very Car-Dependent
Median Age: 50.3 —
older demographic, may prefer sit-down options.
College-Educated: 35.9% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 07716.
4
Remodelers
Low competition — room to establish
4.7 per 10K residents
10
HVAC Contractors
11.7 per 10K residents
What this means:
Remodelers are 28.6% of the relevant market in ZIP 07716 (4 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,020
2BR Fair Market Rent
$1,863
Median Gross Rent
$620 K
Median Home Value
2
Bank Branches
$140 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 4
- Related Businesses
- 10
- Bank Branches
- 2
vs. National Average
Median Income
+66% vs. $74,580
Walkability
+4.4 pts vs. national avg
Nearby Markets
07737
1.9 mi
Pop: 4,158
$134,818
Walk: 12.9
07704
2.8 mi
Pop: 6,182
$237,132
Walk: 13.0
07760
3.1 mi
Pop: 9,557
$217,545
Walk: 9.7
07718
3.6 mi
Pop: 7,057
$139,313
07732
3.7 mi
Pop: 4,686
$90,205
07701
4.1 mi
Pop: 24,544
$113,630
Walk: 11.7
07739
4.5 mi
Pop: 6,096
$220,746
Walk: 10.8
07758
5.0 mi
Pop: 4,230
$121,150
Walk: 11.0
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