RemodCost
Showing results for ZIP 12589 (NY)
Home ZIP 10954

Remodelers Market: ZIP 10954

Opportunity Score
96 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 10954 is an urban area. with a population of 27,474 and household incomes well above the national median ($112,927). There are 30 remodelers operations in ZIP 10954.

Area Profile

27,474
Population
$112,927
Median Income
+51% vs. national
Urban
Area Type
Median Age: 43.8 — older demographic, may prefer sit-down options.
College-Educated: 33.2% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 10954.

30
Remodelers
Competitive — differentiation needed
10.9 per 10K residents
9
HVAC Contractors
3.3 per 10K residents
What this means: Remodelers are 76.9% of the relevant market in ZIP 10954 (30 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$3,280
2BR Fair Market Rent
$2,184
Median Gross Rent
$500 K
Median Home Value
8
Bank Branches
$1.7 M deposits

Tips for Starting a Home Remodeling Business in New York

  • Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
  • Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
  • Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
  • Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
  • The median income here is $112,927. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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