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Home ZIP 47240

Remodelers Market: ZIP 47240

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47240 is an rural area with low foot traffic. with a population of 21,514 and household incomes near the national median ($74,373). There are 9 remodelers operations in ZIP 47240.

Area Profile

21,514
Population
$74,373
Median Income
+0% vs. national
Rural
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 40.7 — older demographic, may prefer sit-down options.
College-Educated: 13.4% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 47240.

9
Remodelers
Moderate — proven market
4.2 per 10K residents
8
HVAC Contractors
3.7 per 10K residents
What this means: Remodelers are 52.9% of the relevant market in ZIP 47240 (9 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,220
2BR Fair Market Rent
$830
Median Gross Rent
$200 K
Median Home Value
9
Bank Branches
$640 K deposits

Quick Facts

Area Type
Rural
Foot Traffic
Car-Dependent
Remodelers
9
Related Businesses
8
Bank Branches
9

vs. National Average

Median Income
+0% vs. $74,580
Walkability
-3.3 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits