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Home ZIP 48094

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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits