Remodelers Market: ZIP 46806
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46806 is an urban area with low foot traffic. with a population of 26,060 and household incomes below the national median ($44,601).
Area Profile
26,060
Population
$44,601
Median Income
-40% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 30.5 —
mixed-age market, broad menu appeal.
College-Educated: 5.0% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 46806.
3
HVAC Contractors
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$924
Median Gross Rent
$78 K
Median Home Value
2
Bank Branches
$140 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.
- Median income sits at $44,601. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-40% vs. $74,580
Walkability
-0.9 pts vs. national avg
Nearby Markets
46803
1.7 mi
Pop: 11,187
$31,797
Walk: 14.6
46807
3.8 mi
Pop: 16,285
$56,341
Walk: 14.4
46805
4.1 mi
Pop: 21,851
$50,099
Walk: 14.3
46816
4.4 mi
Pop: 19,240
$43,760
Walk: 9.7
46815
4.5 mi
Pop: 26,811
$67,224
Walk: 11.0
46802
5.3 mi
Pop: 10,360
$40,903
Walk: 15.8
46819
5.7 mi
Pop: 9,318
$66,618
Walk: 5.4
46808
6.8 mi
Pop: 19,916
$53,632
Walk: 13.1
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