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Showing results for ZIP 47850 (IN)
Home ZIP 42164

Remodelers Market: ZIP 42164

Opportunity Score
52 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 42164 is an rural area with low foot traffic. with a population of 17,416 and household incomes near the national median ($58,336).

Area Profile

17,416
Population
$58,336
Median Income
-22% vs. national
Rural
Area Type
5.0/20
Foot Traffic
Very Car-Dependent
Median Age: 41.3 — older demographic, may prefer sit-down options.
College-Educated: 11.9% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 42164.

5
HVAC Contractors
2.9 per 10K residents

Operating Costs

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

$990
2BR Fair Market Rent
$747
Median Gross Rent
$180 K
Median Home Value
7
Bank Branches
$310 K deposits

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
Foot Traffic
Very Car-Dependent
Related Businesses
5
Bank Branches
7

vs. National Average

Median Income
-22% vs. $74,580
Walkability
-5.5 pts vs. national avg

Check Another Market

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Data sources

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