Remodelers Market: ZIP 46405
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46405 is an urban area with low foot traffic. with a population of 11,509 and household incomes near the national median ($57,005).
Area Profile
11,509
Population
$57,005
Median Income
-24% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 37.1 —
mixed-age market, broad menu appeal.
College-Educated: 6.2% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 46405.
3
Roofing Contractors
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,240
2BR Fair Market Rent
$1,136
Median Gross Rent
$120 K
Median Home Value
1
Bank Branches
$68 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
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
-24% vs. $74,580
Walkability
-3.0 pts vs. national avg
Nearby Markets
46403
2.6 mi
Pop: 10,697
$44,114
Walk: 6.2
46342
4.0 mi
Pop: 32,525
$72,163
Walk: 7.5
46409
4.6 mi
Pop: 7,072
$40,637
Walk: 7.4
46407
4.6 mi
Pop: 8,889
$25,551
Walk: 8.0
46368
5.9 mi
Pop: 40,237
$72,638
Walk: 7.8
46402
6.0 mi
Pop: 5,636
$29,125
Walk: 8.3
46408
7.5 mi
Pop: 15,571
$47,063
Walk: 7.2
46404
7.7 mi
Pop: 16,846
$39,188
Walk: 8.0
Check Another Market
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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