Remodelers Market: ZIP 47612
Opportunity Score
30
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47612 is an urban area. with a population of 784 and household incomes near the national median ($66,750).
Area Profile
784
Population
$66,750
Median Income
-10% vs. national
Urban
Area Type
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 12.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$970
2BR Fair Market Rent
$493
Median Gross Rent
$110 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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
-10% vs. $74,580
Nearby Markets
47633
6.1 mi
Pop: 2,402
$71,136
47665
6.5 mi
Pop: 4,053
$67,697
47639
9.3 mi
Pop: 4,633
$90,985
47720
10.0 mi
Pop: 17,103
$76,968
Walk: 6.9
47638
10.4 mi
Pop: 3,766
$84,311
Walk: 5.6
47648
11.0 mi
Pop: 4,453
$68,068
47670
13.5 mi
Pop: 11,638
$65,873
Walk: 6.5
47725
13.6 mi
Pop: 19,436
$105,528
Walk: 4.8
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