Remodelers Market: ZIP 47143
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47143 is an urban area. with a population of 3,775 and household incomes well above the national median ($133,147).
Area Profile
3,775
Population
$133,147
Median Income
+79% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 19.8% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 47143.
4
HVAC Contractors
10.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,280
2BR Fair Market Rent
$1,650
Median Gross Rent
$250 K
Median Home Value
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.
- The median income here is $133,147. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+79% vs. $74,580
Nearby Markets
47172
4.8 mi
Pop: 20,423
$80,525
Walk: 6.5
47126
5.4 mi
Pop: 4,146
$92,900
47177
8.4 mi
Pop: 1,960
$75,993
Walk: 4.2
47163
8.5 mi
Pop: 1,293
$62,717
Walk: 8.6
47106
8.6 mi
Pop: 4,583
$87,431
47111
9.8 mi
Pop: 17,899
$93,418
Walk: 5.6
47119
9.9 mi
Pop: 11,748
$118,093
47129
10.7 mi
Pop: 19,611
$55,447
Walk: 13.4
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