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Showing results for ZIP 45383 (OH)
Home ZIP 45050

Remodelers Market: ZIP 45050

Opportunity Score
73 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 45050 is an urban area with low foot traffic. with a population of 12,162 and household incomes well above the national median ($104,519).

Area Profile

12,162
Population
$104,519
Median Income
+40% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 36.3 — mixed-age market, broad menu appeal.
College-Educated: 26.8% — balanced market for quality & value.

Operating Costs

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

$1,730
2BR Fair Market Rent
$1,519
Median Gross Rent
$270 K
Median Home Value
5
Bank Branches
$230 K deposits

Tips for Starting a Home Remodeling Business in Ohio

  • 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.
  • The median income here is $104,519. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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