Remodelers Market: ZIP 48094
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48094 is an urban area with low foot traffic. with a population of 20,638 and household incomes above the national median ($96,781). There are 16 remodelers operations in ZIP 48094.
Area Profile
20,638
Population
$96,781
Median Income
+30% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 43.6 —
older demographic, may prefer sit-down options.
College-Educated: 25.3% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 48094.
16
Remodelers
Moderate — proven market
7.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,530
2BR Fair Market Rent
$1,339
Median Gross Rent
$400 K
Median Home Value
4
Bank Branches
$660 K deposits
Tips for Starting a Home Remodeling Business in Michigan
- 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
- Foot Traffic
- Car-Dependent
- Remodelers
- 16
- Bank Branches
- 4
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
48095
3.1 mi
Pop: 5,682
$121,713
Walk: 6.4
48316
3.1 mi
Pop: 28,355
$101,232
Walk: 7.5
48315
5.7 mi
Pop: 28,428
$99,512
Walk: 8.0
48317
6.2 mi
Pop: 27,998
$72,465
Walk: 7.6
48306
6.6 mi
Pop: 27,831
$165,545
Walk: 5.9
48307
7.1 mi
Pop: 44,267
$105,118
Walk: 8.5
48065
7.7 mi
Pop: 11,344
$104,348
Walk: 7.3
48363
8.1 mi
Pop: 7,434
$173,056
Walk: 6.1
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