RemodCost
Showing results for ZIP 94103 (CA)
Home ZIP 48328

Remodelers Market: ZIP 48328

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48328 is an urban area with low foot traffic. with a population of 25,409 and household incomes near the national median ($69,788). There are 10 remodelers operations in ZIP 48328.

Area Profile

25,409
Population
$69,788
Median Income
-6% vs. national
Urban
Area Type
6.9/20
Foot Traffic
Car-Dependent
Median Age: 42.2 — older demographic, may prefer sit-down options.
College-Educated: 19.3% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 48328.

10
Remodelers
Moderate — proven market
3.9 per 10K residents
5
HVAC Contractors
2.0 per 10K residents
What this means: Remodelers are 66.7% of the relevant market in ZIP 48328 (10 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,290
2BR Fair Market Rent
$1,041
Median Gross Rent
$210 K
Median Home Value
3
Bank Branches
$340 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