Remodelers Market: ZIP 24538
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24538 is an urban area. with a population of 4,823 and household incomes near the national median ($67,712).
Area Profile
4,823
Population
$67,712
Median Income
-9% vs. national
Urban
Area Type
Median Age: 50.6 —
older demographic, may prefer sit-down options.
College-Educated: 13.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$770
Median Gross Rent
$170 K
Median Home Value
1
Bank Branches
$52 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-9% vs. $74,580
Nearby Markets
24593
4.9 mi
Pop: 2,098
$75,147
Walk: 4.1
24504
5.5 mi
Pop: 9,471
$50,739
Walk: 14.7
24572
10.5 mi
Pop: 15,515
$64,158
Walk: 7.6
24501
11.9 mi
Pop: 26,393
$45,305
Walk: 16.4
24588
11.9 mi
Pop: 8,664
$68,869
Walk: 5.2
24522
13.2 mi
Pop: 10,494
$60,813
24515
14.5 mi
Pop: 6,081
Walk: 14.2
24595
14.7 mi
Pop: 587
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