Remodelers Market: ZIP 45416
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45416 is an urban area with moderate foot traffic. with a population of 5,353 and household incomes below the national median ($45,710).
Area Profile
5,353
Population
$45,710
Median Income
-39% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 42.1 —
older demographic, may prefer sit-down options.
College-Educated: 9.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,123
Median Gross Rent
$76 K
Median Home Value
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
-39% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
45415
1.9 mi
Pop: 12,171
$78,864
Walk: 10.5
45406
1.9 mi
Pop: 20,261
$43,241
Walk: 13.3
45405
3.1 mi
Pop: 19,322
$41,901
Walk: 14.2
45426
3.9 mi
Pop: 13,582
$51,538
Walk: 8.6
45414
3.9 mi
Pop: 20,479
$53,824
Walk: 11.1
45428
4.5 mi
Pop: 274
Walk: 10.7
45402
4.8 mi
Pop: 9,964
$45,386
45417
5.4 mi
Pop: 28,161
$35,027
Walk: 11.5
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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