Remodelers Market: ZIP 23607
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23607 is an urban area with moderate foot traffic. with a population of 23,028 and household incomes below the national median ($42,904).
Area Profile
23,028
Population
$42,904
Median Income
-42% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 8.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,350
2BR Fair Market Rent
$1,104
Median Gross Rent
$150 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.
- Median income sits at $42,904. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
-42% vs. $74,580
Walkability
+2.5 pts vs. national avg
Nearby Markets
23605
3.4 mi
Pop: 13,334
$52,899
Walk: 13.0
23661
4.3 mi
Pop: 14,141
$66,760
Walk: 13.2
23433
5.6 mi
Pop: 1,424
$151,500
23601
6.0 mi
Pop: 26,557
$71,345
Walk: 12.7
23666
6.1 mi
Pop: 53,226
$70,798
Walk: 11.1
23703
6.4 mi
Pop: 26,364
$75,804
Walk: 8.3
23668
6.8 mi
Pop: 752
23314
6.9 mi
Pop: 9,795
$110,827
Check Another Market
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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