RemodCost
Showing results for ZIP 08034 (NJ)
Home ZIP 52002

Remodelers Market: ZIP 52002

Opportunity Score
58 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 52002 is an urban area with low foot traffic. with a population of 17,931 and household incomes above the national median ($88,060). There are 6 remodelers operations in ZIP 52002.

Area Profile

17,931
Population
$88,060
Median Income
+18% vs. national
Urban
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 39.4 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 52002.

6
Remodelers
Moderate — proven market
3.3 per 10K residents
6
HVAC Contractors
3.3 per 10K residents
What this means: Remodelers are 50.0% of the relevant market in ZIP 52002 (6 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,080
2BR Fair Market Rent
$1,051
Median Gross Rent
$270 K
Median Home Value
8
Bank Branches
$890 K deposits

Tips for Starting a Home Remodeling Business in Iowa

  • 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
Very Car-Dependent
Remodelers
6
Related Businesses
6
Bank Branches
8

vs. National Average

Median Income
+18% vs. $74,580
Walkability
-1.3 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits