Remodelers Market: ZIP 48229
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48229 is an urban area with low foot traffic. with a population of 9,166 and household incomes below the national median ($45,148).
Area Profile
9,166
Population
$45,148
Median Income
-39% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 36.3 —
mixed-age market, broad menu appeal.
College-Educated: 5.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$879
Median Gross Rent
$59 K
Median Home Value
1
Bank Branches
$36 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
- Bank Branches
- 1
vs. National Average
Median Income
-39% vs. $74,580
Walkability
-2.8 pts vs. national avg
Nearby Markets
48218
1.6 mi
Pop: 7,096
$32,683
Walk: 11.2
48217
2.2 mi
Pop: 6,437
$46,671
Walk: 11.7
48146
2.8 mi
Pop: 39,511
$57,183
Walk: 9.1
48192
2.9 mi
Pop: 24,593
$67,846
Walk: 8.5
48122
3.5 mi
Pop: 12,605
$41,356
Walk: 9.0
48120
4.0 mi
Pop: 8,771
$66,667
Walk: 4.2
48209
4.2 mi
Pop: 27,534
$42,152
Walk: 13.1
48101
4.9 mi
Pop: 28,128
$80,045
Walk: 7.9
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