RemodCost
Showing results for ZIP 35405 (AL)
Home ZIP 38701

Remodelers Market: ZIP 38701

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 38701 is an suburban area with low foot traffic. with a population of 21,260 and household incomes below the national median ($36,998).

Area Profile

21,260
Population
$36,998
Median Income
-50% vs. national
Suburban
Area Type
8.8/20
Foot Traffic
Car-Dependent
Median Age: 39.7 — mixed-age market, broad menu appeal.
College-Educated: 15.0% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 38701.

5
HVAC Contractors
2.4 per 10K residents

Operating Costs

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

$930
2BR Fair Market Rent
$790
Median Gross Rent
$120 K
Median Home Value
15
Bank Branches
$950 K deposits

Tips for Starting a Home Remodeling Business in Mississippi

  • 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 $36,998. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
Related Businesses
5
Bank Branches
15

vs. National Average

Median Income
-50% vs. $74,580
Walkability
-1.7 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

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