Remodelers Market: ZIP 11516
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11516 is an urban area with high foot traffic. with a population of 8,733 and household incomes well above the national median ($102,083). There are 8 remodelers operations in ZIP 11516.
Area Profile
8,733
Population
$102,083
Median Income
+37% vs. national
Urban
Area Type
17.8/20
Foot Traffic
Very Walkable
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 29.6% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 11516.
8
Remodelers
Moderate — proven market
9.2 per 10K residents
9
HVAC Contractors
10.3 per 10K residents
What this means:
Remodelers are 47.1% of the relevant market in ZIP 11516 (8 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,460
2BR Fair Market Rent
$2,204
Median Gross Rent
$820 K
Median Home Value
5
Bank Branches
$1.9 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Remodelers
- 8
- Related Businesses
- 9
- Bank Branches
- 5
vs. National Average
Median Income
+37% vs. $74,580
Walkability
+7.3 pts vs. national avg
Nearby Markets
11598
1.0 mi
Pop: 14,316
$181,574
Walk: 14.6
11559
1.8 mi
Pop: 9,130
$156,429
Walk: 15.1
11581
1.9 mi
Pop: 22,652
$138,821
Walk: 14.4
11096
2.1 mi
Pop: 9,897
$88,160
11557
2.4 mi
Pop: 8,503
$170,048
Walk: 13.0
11422
2.5 mi
Pop: 33,085
$108,519
Walk: 13.2
11509
2.6 mi
Pop: 1,747
$162,500
11691
2.9 mi
Pop: 68,704
$57,027
Walk: 11.6
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