Remodelers Market: ZIP 48138
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48138 is an urban area with low foot traffic. with a population of 10,603 and household incomes well above the national median ($124,934).
Area Profile
10,603
Population
$124,934
Median Income
+68% vs. national
Urban
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 51.0 —
older demographic, may prefer sit-down options.
College-Educated: 36.8% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 48138.
3
HVAC Contractors
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
$1,388
Median Gross Rent
$340 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.
- The median income here is $124,934. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-4.4 pts vs. national avg
Nearby Markets
48183
4.3 mi
Pop: 41,863
$82,020
Walk: 7.6
48193
4.8 mi
Pop: 16,485
$72,894
Walk: 7.7
48192
5.5 mi
Pop: 24,593
$67,846
Walk: 8.5
48173
5.6 mi
Pop: 12,984
$90,510
Walk: 6.5
48195
6.1 mi
Pop: 29,551
$64,635
Walk: 8.9
48146
7.9 mi
Pop: 39,511
$57,183
Walk: 9.1
48229
8.2 mi
Pop: 9,166
$45,148
Walk: 7.7
48179
9.6 mi
Pop: 3,353
$78,750
Walk: 4.2
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