RemodCost
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Home ZIP 48390

Remodelers Market: ZIP 48390

Opportunity Score
74 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48390 is an urban area with low foot traffic. with a population of 24,118 and household incomes above the national median ($89,411). There are 22 remodelers operations in ZIP 48390.

Area Profile

24,118
Population
$89,411
Median Income
+20% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 43.4 — older demographic, may prefer sit-down options.
College-Educated: 31.6% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 48390.

22
Remodelers
Competitive — differentiation needed
9.1 per 10K residents
12
HVAC Contractors
5.0 per 10K residents
3
Roofing Contractors
1.2 per 10K residents
What this means: Remodelers are 59.5% of the relevant market in ZIP 48390 (22 vs. 15 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,850
2BR Fair Market Rent
$1,575
Median Gross Rent
$290 K
Median Home Value
7
Bank Branches
$920 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