Remodelers Market: ZIP 20765
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 20765 is an urban area. with a population of 631 and household incomes well above the national median ($131,023).
Area Profile
631
Population
$131,023
Median Income
+76% vs. national
Urban
Area Type
Median Age: 54.0 —
older demographic, may prefer sit-down options.
College-Educated: 24.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,910
2BR Fair Market Rent
$480 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.
- The median income here is $131,023. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+76% vs. $74,580
Nearby Markets
20778
2.1 mi
Pop: 2,243
$177,083
Walk: 6.7
20733
3.0 mi
Pop: 2,780
$132,955
20764
3.1 mi
Pop: 3,011
$111,129
20751
3.7 mi
Pop: 2,552
$122,448
Walk: 7.9
20776
3.8 mi
Pop: 3,354
$122,440
21037
5.0 mi
Pop: 20,851
$135,541
Walk: 6.2
20779
6.2 mi
Pop: 1,010
$120,924
Walk: 5.5
20711
7.4 mi
Pop: 7,629
$98,517
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