Remodelers Market: ZIP 11005
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11005 is an urban area with moderate foot traffic. with a population of 2,195 and household incomes above the national median ($91,719).
Area Profile
2,195
Population
$91,719
Median Income
+23% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 80.6 —
older demographic, may prefer sit-down options.
College-Educated: 70.5% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,720
2BR Fair Market Rent
$2,179
Median Gross Rent
$620 K
Median Home Value
1
Bank Branches
$99 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
+23% vs. $74,580
Walkability
+0.7 pts vs. national avg
Nearby Markets
11004
0.7 mi
Pop: 14,296
$109,865
Walk: 16.1
11020
1.0 mi
Pop: 5,986
$169,265
11042
1.2 mi
Pop: 232
Walk: 14.5
11362
1.3 mi
Pop: 18,156
$118,989
Walk: 15.1
11426
1.5 mi
Pop: 19,638
$107,591
Walk: 14.6
11021
2.3 mi
Pop: 19,474
$122,390
Walk: 15.5
11001
2.4 mi
Pop: 25,714
$144,755
Walk: 15.1
11363
2.5 mi
Pop: 7,515
$110,833
Walk: 13.2
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