Remodelers Market: ZIP 20658
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20658 is an urban area with low foot traffic. with a population of 862 and household incomes above the national median ($97,177).
Area Profile
862
Population
$97,177
Median Income
+30% vs. national
Urban
Area Type
4.6/20
Foot Traffic
Very Car-Dependent
Median Age: 49.5 —
older demographic, may prefer sit-down options.
College-Educated: 21.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,090
2BR Fair Market Rent
$1,560
Median Gross Rent
$290 K
Median Home Value
Tips for Starting a Home Remodeling Business in Maryland
- 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
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-5.9 pts vs. national avg
Nearby Markets
20640
4.3 mi
Pop: 10,254
$95,560
Walk: 6.6
20616
7.5 mi
Pop: 7,435
$129,188
22079
7.9 mi
Pop: 36,523
$140,817
Walk: 10.3
22191
8.1 mi
Pop: 73,755
$107,993
Walk: 9.5
22060
8.9 mi
Pop: 10,261
$102,162
Walk: 10.4
20693
9.1 mi
Pop: 1,238
$148,750
Walk: 4.3
22026
9.5 mi
Pop: 21,025
$114,512
Walk: 8.2
20675
9.9 mi
Pop: 1,836
$116,439
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