RemodCost
Showing results for ZIP 02061 (MA)
Home ZIP 19047

Remodelers Market: ZIP 19047

Opportunity Score
86 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 19047 is an urban area with moderate foot traffic. with a population of 34,182 and household incomes well above the national median ($110,395). There are 27 remodelers operations in ZIP 19047.

Area Profile

34,182
Population
$110,395
Median Income
+48% vs. national
Urban
Area Type
11.9/20
Foot Traffic
Walkable
Median Age: 45.1 — older demographic, may prefer sit-down options.
College-Educated: 32.9% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 19047.

27
Remodelers
Competitive — differentiation needed
7.9 per 10K residents
21
HVAC Contractors
6.1 per 10K residents
3
Roofing Contractors
0.9 per 10K residents
What this means: Remodelers are 52.9% of the relevant market in ZIP 19047 (27 vs. 24 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,250
2BR Fair Market Rent
$1,770
Median Gross Rent
$440 K
Median Home Value
8
Bank Branches
$1 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.
  • The median income here is $110,395. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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