Remodelers Market: ZIP 46216
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46216 is an urban area. with a population of 2,546 and household incomes near the national median ($56,838).
Area Profile
2,546
Population
$56,838
Median Income
-24% vs. national
Urban
Area Type
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 41.7% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,450
2BR Fair Market Rent
$1,282
Median Gross Rent
$250 K
Median Home Value
5
Bank Branches
$290 K deposits
Tips for Starting a Home Remodeling Business in Indiana
- 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
- Bank Branches
- 5
vs. National Average
Median Income
-24% vs. $74,580
Nearby Markets
46256
2.9 mi
Pop: 21,785
$86,529
Walk: 9.0
46235
3.1 mi
Pop: 35,897
$56,160
Walk: 12.6
46226
3.3 mi
Pop: 45,640
$47,086
Walk: 10.9
46236
3.5 mi
Pop: 26,049
$117,530
Walk: 7.0
46250
4.4 mi
Pop: 17,933
$69,591
Walk: 11.0
46229
5.8 mi
Pop: 28,284
$62,982
Walk: 10.2
46219
6.2 mi
Pop: 38,246
$57,811
Walk: 13.2
46220
6.9 mi
Pop: 36,159
$103,735
Walk: 13.2
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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