RemodCost
Showing results for ZIP 02494 (MA)
Home ZIP 29902

Remodelers Market: ZIP 29902

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 29902 is an urban area. with a population of 16,916 and household incomes near the national median ($72,564). There are 5 remodelers operations in ZIP 29902.

Area Profile

16,916
Population
$72,564
Median Income
-3% vs. national
Urban
Area Type
Median Age: 32.1 — mixed-age market, broad menu appeal.
College-Educated: 24.7% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 29902.

5
Remodelers
Low competition — room to establish
3.0 per 10K residents
8
HVAC Contractors
4.7 per 10K residents
What this means: Remodelers are 38.5% of the relevant market in ZIP 29902 (5 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,550
2BR Fair Market Rent
$1,157
Median Gross Rent
$310 K
Median Home Value
5
Bank Branches
$610 K deposits

Tips for Starting a Home Remodeling Business in South Carolina

  • 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits