Remodelers Market: ZIP 40505
Opportunity Score
57
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40505 is an urban area with moderate foot traffic. with a population of 25,855 and household incomes near the national median ($58,922). There are 10 remodelers operations in ZIP 40505.
Area Profile
25,855
Population
$58,922
Median Income
-21% vs. national
Urban
Area Type
11.6/20
Foot Traffic
Walkable
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 16.2% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 40505.
10
Remodelers
Moderate — proven market
3.9 per 10K residents
23
HVAC Contractors
8.9 per 10K residents
6
Roofing Contractors
2.3 per 10K residents
What this means:
Remodelers are 25.6% of the relevant market in ZIP 40505 (10 vs. 29 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,060
2BR Fair Market Rent
$914
Median Gross Rent
$170 K
Median Home Value
6
Bank Branches
$590 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 10
- Related Businesses
- 29
- Bank Branches
- 6
vs. National Average
Median Income
-21% vs. $74,580
Walkability
+1.1 pts vs. national avg
Nearby Markets
40507
2.9 mi
Pop: 2,225
$34,543
40526
3.7 mi
Pop: 2,015
40508
3.7 mi
Pop: 24,356
$28,040
Walk: 15.0
40502
3.9 mi
Pop: 26,593
$73,939
Walk: 10.7
40536
4.1 mi
Pop: 0
Walk: 12.7
40511
5.6 mi
Pop: 36,101
$77,476
Walk: 10.0
40517
5.8 mi
Pop: 36,396
$51,778
Walk: 11.9
40504
6.1 mi
Pop: 26,164
$43,015
Walk: 11.6
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