Remodelers Market: ZIP 48747
Opportunity Score
43
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48747 is an urban area with low foot traffic. with a population of 1,488 and household incomes above the national median ($78,750).
Area Profile
1,488
Population
$78,750
Median Income
+6% vs. national
Urban
Area Type
7.4/20
Foot Traffic
Car-Dependent
Median Age: 47.0 —
older demographic, may prefer sit-down options.
College-Educated: 16.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$930
2BR Fair Market Rent
$1,135
Median Gross Rent
$120 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
vs. National Average
Median Income
+6% vs. $74,580
Walkability
-3.1 pts vs. national avg
Nearby Markets
48708
6.4 mi
Pop: 25,751
$50,216
Walk: 9.0
48732
6.7 mi
Pop: 11,308
$53,466
Walk: 6.9
48757
7.0 mi
Pop: 3,680
$74,464
Walk: 4.4
48734
11.2 mi
Pop: 7,642
$89,217
Walk: 5.1
48733
11.9 mi
Pop: 1,650
$54,583
48724
11.9 mi
Pop: 1,226
$31,787
Walk: 7.4
48601
12.1 mi
Pop: 32,069
$37,830
Walk: 6.6
48722
13.1 mi
Pop: 3,147
$68,777
Walk: 5.0
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