Remodelers Market: ZIP 46802
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46802 is an urban area with high foot traffic. with a population of 10,360 and household incomes below the national median ($40,903).
Area Profile
10,360
Population
$40,903
Median Income
-45% vs. national
Urban
Area Type
15.8/20
Foot Traffic
Very Walkable
Median Age: 34.2 —
mixed-age market, broad menu appeal.
College-Educated: 16.7% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 46802.
6
HVAC Contractors
5.8 per 10K residents
4
Roofing Contractors
3.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,080
2BR Fair Market Rent
$880
Median Gross Rent
$130 K
Median Home Value
11
Bank Branches
$2 M 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.
- Median income sits at $40,903. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 10
- Bank Branches
- 11
vs. National Average
Median Income
-45% vs. $74,580
Walkability
+5.3 pts vs. national avg
Nearby Markets
46808
2.1 mi
Pop: 19,916
$53,632
Walk: 13.1
46807
2.1 mi
Pop: 16,285
$56,341
Walk: 14.4
46805
3.9 mi
Pop: 21,851
$50,099
Walk: 14.3
46804
5.2 mi
Pop: 29,177
$84,778
Walk: 8.3
46806
5.3 mi
Pop: 26,060
$44,601
Walk: 9.6
46803
5.5 mi
Pop: 11,187
$31,797
Walk: 14.6
46809
6.0 mi
Pop: 8,677
$54,362
Walk: 10.5
46825
6.6 mi
Pop: 29,071
$68,890
Walk: 12.7
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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