Remodelers Market: ZIP 47946
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47946 is an rural area. with a population of 2,175 and household incomes above the national median ($78,839).
Area Profile
2,175
Population
$78,839
Median Income
+6% vs. national
Rural
Area Type
Median Age: 40.1 —
older demographic, may prefer sit-down options.
College-Educated: 6.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,210
2BR Fair Market Rent
$681
Median Gross Rent
$160 K
Median Home Value
1
Bank Branches
$81 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.
- 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
- Bank Branches
- 1
vs. National Average
Median Income
+6% vs. $74,580
Nearby Markets
47957
7.3 mi
Pop: 2,067
$58,412
Walk: 3.8
47959
8.7 mi
Pop: 2,557
$60,469
47925
11.2 mi
Pop: 22
46996
15.6 mi
Pop: 6,231
$60,287
Walk: 5.4
47960
15.8 mi
Pop: 15,313
$61,087
Walk: 5.9
47978
16.8 mi
Pop: 10,097
$71,359
Walk: 5.7
46392
18.5 mi
Pop: 8,332
$93,875
Walk: 5.2
47950
19.5 mi
Pop: 828
$51,625
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