Remodelers Market: ZIP 24360
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24360 is an rural area. with a population of 5,647 and household incomes near the national median ($61,483).
Area Profile
5,647
Population
$61,483
Median Income
-18% vs. national
Rural
Area Type
Median Age: 48.1 —
older demographic, may prefer sit-down options.
College-Educated: 10.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$850
2BR Fair Market Rent
$844
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$62 K deposits
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
- Bank Branches
- 3
vs. National Average
Median Income
-18% vs. $74,580
Nearby Markets
24312
7.6 mi
Pop: 1,586
$38,993
24313
8.0 mi
Pop: 831
$46,458
24324
9.4 mi
Pop: 2,442
$79,615
24301
10.6 mi
Pop: 13,370
$58,790
Walk: 6.1
24350
10.6 mi
Pop: 1,385
$51,619
Walk: 5.0
24382
13.9 mi
Pop: 14,751
$52,234
Walk: 4.8
24381
15.9 mi
Pop: 3,480
$65,179
Walk: 4.8
24315
17.0 mi
Pop: 3,789
$63,982
Walk: 6.5
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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