Remodelers Market: ZIP 48137
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48137 is an urban area. with a population of 4,293 and household incomes above the national median ($82,813). There are 5 remodelers operations in ZIP 48137.
Area Profile
4,293
Population
$82,813
Median Income
+11% vs. national
Urban
Area Type
Median Age: 55.2 —
older demographic, may prefer sit-down options.
College-Educated: 23.0% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 48137.
5
Remodelers
Low competition — room to establish
11.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,135
Median Gross Rent
$280 K
Median Home Value
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
- Remodelers
- 5
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
48169
8.8 mi
Pop: 21,080
$108,886
Walk: 5.7
49285
9.4 mi
Pop: 6,120
$72,578
Walk: 3.5
48118
11.4 mi
Pop: 13,088
$87,934
Walk: 8.3
48843
12.6 mi
Pop: 46,902
$91,620
Walk: 5.2
48130
13.6 mi
Pop: 16,849
$131,875
Walk: 4.6
48836
13.6 mi
Pop: 14,978
$86,317
Walk: 9.3
48892
13.6 mi
Pop: 4,769
$81,978
Walk: 3.4
49259
13.9 mi
Pop: 2,616
$65,375
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