Remodelers Market: ZIP 47634
Opportunity Score
46
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47634 is an urban area. with a population of 2,101 and household incomes near the national median ($64,886).
Area Profile
2,101
Population
$64,886
Median Income
-13% vs. national
Urban
Area Type
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 7.3% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 47634.
3
HVAC Contractors
14.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,146
Median Gross Rent
$140 K
Median Home Value
1
Bank Branches
$12 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.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
-13% vs. $74,580
Nearby Markets
47635
6.8 mi
Pop: 5,578
$63,490
Walk: 5.3
47601
9.2 mi
Pop: 13,119
$77,411
47611
10.6 mi
Pop: 899
$57,917
47630
11.4 mi
Pop: 39,461
$101,462
Walk: 7.1
47637
14.0 mi
Pop: 1,301
$67,000
Walk: 3.4
42355
14.2 mi
Pop: 1,514
$50,720
47537
14.6 mi
Pop: 606
$46,943
42301
14.8 mi
Pop: 45,399
$62,010
Walk: 8.0
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