Remodelers Market: ZIP 24557
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 24557 is an rural area with low foot traffic. with a population of 7,832 and household incomes below the national median ($44,948).
Area Profile
7,832
Population
$44,948
Median Income
-40% vs. national
Rural
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 50.1 —
older demographic, may prefer sit-down options.
College-Educated: 9.3% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 24557.
5
HVAC Contractors
6.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$850
2BR Fair Market Rent
$792
Median Gross Rent
$130 K
Median Home Value
2
Bank Branches
$150 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.
- Median income sits at $44,948. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 2
vs. National Average
Median Income
-40% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
24563
6.6 mi
Pop: 5,014
$44,296
Walk: 4.7
24139
10.6 mi
Pop: 689
$29,050
Walk: 4.1
24565
11.4 mi
Pop: 1,059
$43,462
24571
12.1 mi
Pop: 2,073
$41,250
Walk: 4.8
24531
12.7 mi
Pop: 9,107
$46,706
Walk: 6.4
24517
12.8 mi
Pop: 4,932
$51,141
Walk: 8.3
24569
13.4 mi
Pop: 1,025
$50,208
Walk: 3.8
24161
15.4 mi
Pop: 478
$98,482
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