Remodelers Market: ZIP 22840
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 22840 is an urban area. with a population of 5,231 and household incomes above the national median ($93,580).
Area Profile
5,231
Population
$93,580
Median Income
+25% vs. national
Urban
Area Type
Median Age: 46.6 —
older demographic, may prefer sit-down options.
College-Educated: 33.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,980
2BR Fair Market Rent
$1,536
Median Gross Rent
$360 K
Median Home Value
Tips for Starting a Home Remodeling Business in Virginia
- 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
vs. National Average
Median Income
+25% vs. $74,580
Nearby Markets
22846
3.6 mi
Pop: 1,727
$110,987
Walk: 5.4
22832
4.6 mi
Pop: 952
$63,125
Walk: 4.0
24471
6.1 mi
Pop: 1,795
$103,100
Walk: 4.9
22827
8.9 mi
Pop: 10,357
$67,425
Walk: 4.8
22807
9.1 mi
Pop: 5,520
Walk: 14.7
22801
9.5 mi
Pop: 39,870
$70,779
Walk: 14.2
22802
10.8 mi
Pop: 29,370
$62,116
Walk: 14.9
22841
10.8 mi
Pop: 3,001
$75,978
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