RemodCost
Showing results for ZIP 62002 (IL)
Home ZIP 20006

Remodelers Market: ZIP 20006

Opportunity Score
34 / 100 Challenging
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 20006 is an urban area with high foot traffic. with a population of 1,335 and household incomes below the national median ($36,019). There are 3 remodelers operations in ZIP 20006.

Area Profile

1,335
Population
$36,019
Median Income
-52% vs. national
Urban
Area Type
16.6/20
Foot Traffic
Very Walkable
Median Age: 25.4 — young market, strong street food demand.
College-Educated: 46.2% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 20006.

3
Remodelers
Low competition — room to establish
22.5 per 10K residents

Operating Costs

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

$2,270
2BR Fair Market Rent
$2,035
Median Gross Rent
$260 K
Median Home Value
20
Bank Branches
$30 M deposits

Tips for Starting a Home Remodeling Business in District of Columbia

  • 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.
  • Median income sits at $36,019. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Urban
Foot Traffic
Very Walkable
Remodelers
3
Bank Branches
20

vs. National Average

Median Income
-52% vs. $74,580
Walkability
+6.1 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