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Home ZIP 11354

Remodelers Market: ZIP 11354

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 11354 is an urban area with high foot traffic. with a population of 52,325 and household incomes near the national median ($62,833). There are 85 remodelers operations in ZIP 11354.

Area Profile

52,325
Population
$62,833
Median Income
-16% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 48.1 — older demographic, may prefer sit-down options.
College-Educated: 26.5% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 11354.

85
Remodelers
Competitive — differentiation needed
16.2 per 10K residents
37
HVAC Contractors
7.1 per 10K residents
What this means: Remodelers are 69.7% of the relevant market in ZIP 11354 (85 vs. 37 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,550
2BR Fair Market Rent
$1,766
Median Gross Rent
$520 K
Median Home Value
40
Bank Branches
$12 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.

Data sources

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