Remodelers Market: ZIP 24314
Opportunity Score
34
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24314 is an rural area. with a population of 1,353 and household incomes near the national median ($62,250).
Area Profile
1,353
Population
$62,250
Median Income
-17% vs. national
Rural
Area Type
Median Age: 58.5 —
older demographic, may prefer sit-down options.
College-Educated: 13.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$860
2BR Fair Market Rent
$160 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-17% vs. $74,580
Nearby Markets
24701
10.3 mi
Pop: 17,943
$44,188
Walk: 8.4
24315
10.3 mi
Pop: 3,789
$63,982
Walk: 6.5
24366
10.4 mi
Pop: 333
$34,205
Walk: 3.9
24613
11.5 mi
Pop: 283
$33,207
Walk: 7.6
24738
12.6 mi
Pop: 0
24605
12.6 mi
Pop: 8,839
$51,411
24737
14.0 mi
Pop: 1,169
$28,927
Walk: 5.5
24635
14.1 mi
Pop: 836
$40,556
Walk: 3.3
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