Remodelers Market: ZIP 48126
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48126 is an urban area with moderate foot traffic. with a population of 52,075 and household incomes below the national median ($42,353). There are 29 remodelers operations in ZIP 48126.
Area Profile
52,075
Population
$42,353
Median Income
-43% vs. national
Urban
Area Type
14.7/20
Foot Traffic
Very Car-Dependent
Median Age: 28.3 —
young market, strong street food demand.
College-Educated: 13.3% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 48126.
29
Remodelers
Competitive — differentiation needed
5.6 per 10K residents
17
HVAC Contractors
3.3 per 10K residents
3
Roofing Contractors
0.6 per 10K residents
What this means:
Remodelers are 59.2% of the relevant market in ZIP 48126 (29 vs. 20 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,310
2BR Fair Market Rent
$1,222
Median Gross Rent
$200 K
Median Home Value
14
Bank Branches
$2.3 M 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.
- Median income sits at $42,353. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 29
- Related Businesses
- 20
- Bank Branches
- 14
vs. National Average
Median Income
-43% vs. $74,580
Walkability
+4.2 pts vs. national avg
Nearby Markets
48120
2.5 mi
Pop: 8,771
$66,667
Walk: 4.2
48228
2.7 mi
Pop: 52,719
$31,485
Walk: 12.3
48122
3.6 mi
Pop: 12,605
$41,356
Walk: 9.0
48204
3.9 mi
Pop: 19,723
$32,875
Walk: 12.4
48227
4.0 mi
Pop: 39,474
$36,221
Walk: 12.5
48210
4.1 mi
Pop: 26,925
$38,900
Walk: 12.4
48217
4.3 mi
Pop: 6,437
$46,671
Walk: 11.7
48124
4.7 mi
Pop: 34,156
$78,353
Walk: 8.1
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