Remodelers Market: ZIP 11201
Opportunity Score
93
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11201 is an urban area with high foot traffic. with a population of 69,251 and household incomes well above the national median ($169,285). There are 24 remodelers operations in ZIP 11201.
Area Profile
69,251
Population
$169,285
Median Income
+127% vs. national
Urban
Area Type
15.1/20
Foot Traffic
Very Walkable
Median Age: 35.2 —
mixed-age market, broad menu appeal.
College-Educated: 59.9% —
strong appetite for artisan/specialty food.
Competition
Remodelers and related businesses in ZIP 11201.
24
Remodelers
Competitive — differentiation needed
3.5 per 10K residents
10
HVAC Contractors
1.4 per 10K residents
What this means:
Remodelers are 70.6% of the relevant market in ZIP 11201 (24 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,870
2BR Fair Market Rent
$3,207
Median Gross Rent
$1.1 M
Median Home Value
19
Bank Branches
$8.2 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 $169,285. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 24
- Related Businesses
- 10
- Bank Branches
- 19
vs. National Average
Median Income
+127% vs. $74,580
Walkability
+4.6 pts vs. national avg
Nearby Markets
11217
1.1 mi
Pop: 42,569
$158,314
Walk: 15.4
10038
1.4 mi
Pop: 23,342
$115,121
Walk: 12.6
11205
1.5 mi
Pop: 50,205
$86,753
Walk: 14.3
11231
1.5 mi
Pop: 39,704
$138,485
Walk: 14.1
10005
1.6 mi
Pop: 9,238
$211,810
Walk: 9.8
10002
1.6 mi
Pop: 75,517
$46,525
Walk: 13.9
10271
1.7 mi
Pop: 0
Walk: 9.3
10278
1.8 mi
Pop: 0
Walk: 16.2
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