RemodCost
Showing results for ZIP 55970 (MN)
Home ZIP 54914

Remodelers Market: ZIP 54914

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 54914 is an urban area with low foot traffic. with a population of 31,448 and household incomes above the national median ($77,199). There are 10 remodelers operations in ZIP 54914.

Area Profile

31,448
Population
$77,199
Median Income
+4% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 37.1 — mixed-age market, broad menu appeal.
College-Educated: 22.0% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 54914.

10
Remodelers
Moderate — proven market
3.2 per 10K residents
16
HVAC Contractors
5.1 per 10K residents
3
Roofing Contractors
1.0 per 10K residents
What this means: Remodelers are 34.5% of the relevant market in ZIP 54914 (10 vs. 19 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,050
2BR Fair Market Rent
$936
Median Gross Rent
$210 K
Median Home Value
7
Bank Branches
$660 K deposits

Tips for Starting a Home Remodeling Business in Wisconsin

  • 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
10
Related Businesses
19
Bank Branches
7

vs. National Average

Median Income
+4% vs. $74,580
Walkability
-0.9 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