Remodelers Market: ZIP 48393
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48393 is an urban area with low foot traffic. with a population of 20,098 and household incomes near the national median ($67,194). There are 11 remodelers operations in ZIP 48393.
Area Profile
20,098
Population
$67,194
Median Income
-10% vs. national
Urban
Area Type
6.8/20
Foot Traffic
Car-Dependent
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 30.7% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 48393.
11
Remodelers
Moderate — proven market
5.5 per 10K residents
11
HVAC Contractors
5.5 per 10K residents
3
Roofing Contractors
1.5 per 10K residents
What this means:
Remodelers are 44.0% of the relevant market in ZIP 48393 (11 vs. 14 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,170
2BR Fair Market Rent
$975
Median Gross Rent
$310 K
Median Home Value
3
Bank Branches
$370 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
- Remodelers
- 11
- Related Businesses
- 14
- Bank Branches
- 3
vs. National Average
Median Income
-10% vs. $74,580
Walkability
-3.7 pts vs. national avg
Nearby Markets
48374
3.7 mi
Pop: 17,828
$185,203
Walk: 6.7
48381
4.1 mi
Pop: 13,737
$103,156
Walk: 7.8
48382
4.8 mi
Pop: 23,550
$132,602
Walk: 7.5
48377
5.1 mi
Pop: 19,775
$83,368
Walk: 8.7
48390
5.3 mi
Pop: 24,118
$89,411
Walk: 8.2
48165
5.3 mi
Pop: 9,141
$105,511
48167
6.3 mi
Pop: 23,281
$118,378
Walk: 7.8
48375
6.8 mi
Pop: 23,927
$112,978
Walk: 7.7
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