Remodelers Market: ZIP 47373
Opportunity Score
38
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47373 is an rural area. with a population of 2,218 and household incomes below the national median ($49,199).
Area Profile
2,218
Population
$49,199
Median Income
-34% vs. national
Rural
Area Type
Median Age: 38.8 —
mixed-age market, broad menu appeal.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$858
Median Gross Rent
$86 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
-34% vs. $74,580
Nearby Markets
47336
5.6 mi
Pop: 2,793
$50,381
Walk: 7.2
47380
8.4 mi
Pop: 1,537
$55,278
Walk: 4.4
47320
9.3 mi
Pop: 4,486
$68,244
47340
11.1 mi
Pop: 3,267
$61,146
47368
11.2 mi
Pop: 2,118
$69,936
Walk: 5.6
47369
11.6 mi
Pop: 1,216
$33,510
Walk: 5.8
47338
12.5 mi
Pop: 2,378
$62,064
47371
14.4 mi
Pop: 12,450
$59,215
Walk: 5.4
Check Another Market
Or estimate costs with the RemodCost calculator.
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