RemodCost
Showing results for ZIP 35096 (AL)
Home ZIP 38106

Remodelers Market: ZIP 38106

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38106 is an urban area with moderate foot traffic. with a population of 21,827 and household incomes below the national median ($29,818).

Area Profile

21,827
Population
$29,818
Median Income
-60% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 42.2 — older demographic, may prefer sit-down options.
College-Educated: 8.4% — value-focused market, keep prices competitive.

Operating Costs

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

$1,180
2BR Fair Market Rent
$915
Median Gross Rent
$66 K
Median Home Value

Tips for Starting a Home Remodeling Business in Tennessee

  • 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 $29,818. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Data sources

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