Remodelers Market: ZIP 45505
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45505 is an urban area with low foot traffic. with a population of 20,299 and household incomes below the national median ($42,409).
Area Profile
20,299
Population
$42,409
Median Income
-43% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 6.6% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 45505.
5
HVAC Contractors
2.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$802
Median Gross Rent
$88 K
Median Home Value
3
Bank Branches
$91 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.
- Median income sits at $42,409. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 5
- Bank Branches
- 3
vs. National Average
Median Income
-43% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
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