Remodelers Market: ZIP 21202
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 21202 is an urban area with high foot traffic. with a population of 21,506 and household incomes near the national median ($61,578). There are 6 remodelers operations in ZIP 21202.
Area Profile
21,506
Population
$61,578
Median Income
-17% vs. national
Urban
Area Type
18.3/20
Foot Traffic
Very Walkable
Median Age: 33.6 —
mixed-age market, broad menu appeal.
College-Educated: 38.1% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 21202.
6
Remodelers
Moderate — proven market
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,220
2BR Fair Market Rent
$1,497
Median Gross Rent
$310 K
Median Home Value
14
Bank Branches
$14 M deposits
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 Walkable
- Remodelers
- 6
- Bank Branches
- 14
vs. National Average
Median Income
-17% vs. $74,580
Walkability
+7.8 pts vs. national avg
Nearby Markets
21233
0.4 mi
Pop: 0
Walk: 16.8
21201
1.0 mi
Pop: 17,819
$44,722
Walk: 15.7
21231
1.2 mi
Pop: 14,556
$85,382
Walk: 16.6
21287
1.3 mi
Pop: 0
Walk: 15.4
21217
2.2 mi
Pop: 31,125
$37,207
Walk: 15.1
21218
2.3 mi
Pop: 44,903
$58,378
Walk: 14.5
21213
2.4 mi
Pop: 27,881
$50,031
Walk: 14.1
21230
2.4 mi
Pop: 33,509
$94,164
Walk: 15.5
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