RemodCost
Showing results for ZIP 07088 (NJ)
Home ZIP 18704

Remodelers Market: ZIP 18704

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 18704 is an urban area with low foot traffic. with a population of 30,997 and household incomes near the national median ($62,907). There are 10 remodelers operations in ZIP 18704.

Area Profile

30,997
Population
$62,907
Median Income
-16% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 40.6 — older demographic, may prefer sit-down options.
College-Educated: 21.0% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 18704.

10
Remodelers
Moderate — proven market
3.2 per 10K residents
12
HVAC Contractors
3.9 per 10K residents
What this means: Remodelers are 45.5% of the relevant market in ZIP 18704 (10 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,130
2BR Fair Market Rent
$935
Median Gross Rent
$150 K
Median Home Value
15
Bank Branches
$1.2 M deposits

Tips for Starting a Home Remodeling Business in Pennsylvania

  • 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
Very Car-Dependent
Remodelers
10
Related Businesses
12
Bank Branches
15

vs. National Average

Median Income
-16% vs. $74,580
Walkability
-1.5 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

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