Remodelers Market: ZIP 40347
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40347 is an rural area. with a population of 4,004 and household incomes above the national median ($84,054).
Area Profile
4,004
Population
$84,054
Median Income
+13% vs. national
Rural
Area Type
Median Age: 42.2 —
older demographic, may prefer sit-down options.
College-Educated: 28.4% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 40347.
3
HVAC Contractors
7.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$1,011
Median Gross Rent
$320 K
Median Home Value
Tips for Starting a Home Remodeling Business in Kentucky
- 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Related Businesses
- 3
vs. National Average
Median Income
+13% vs. $74,580
Nearby Markets
40383
10.5 mi
Pop: 24,228
$80,444
Walk: 6.1
40379
10.7 mi
Pop: 3,826
$64,487
Walk: 3.2
40601
11.0 mi
Pop: 51,627
$67,125
Walk: 5.7
40510
11.6 mi
Pop: 1,992
$155,625
40513
13.0 mi
Pop: 10,710
$126,642
Walk: 10.7
40324
13.7 mi
Pop: 52,173
$83,012
Walk: 6.3
40504
15.0 mi
Pop: 26,164
$43,015
Walk: 11.6
40339
16.0 mi
Pop: 272
$125,341
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