Remodelers Market: ZIP 55016
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55016 is an urban area with low foot traffic. with a population of 39,925 and household incomes well above the national median ($121,295). There are 21 remodelers operations in ZIP 55016.
Area Profile
39,925
Population
$121,295
Median Income
+63% vs. national
Urban
Area Type
7.8/20
Foot Traffic
Car-Dependent
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 25.8% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 55016.
21
Remodelers
Competitive — differentiation needed
5.3 per 10K residents
8
HVAC Contractors
2.0 per 10K residents
4
Roofing Contractors
1.0 per 10K residents
What this means:
Remodelers are 63.6% of the relevant market in ZIP 55016 (21 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,130
2BR Fair Market Rent
$1,653
Median Gross Rent
$360 K
Median Home Value
4
Bank Branches
$540 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Remodelers
- 21
- Related Businesses
- 12
- Bank Branches
- 4
vs. National Average
Median Income
+63% vs. $74,580
Walkability
-2.7 pts vs. national avg
Nearby Markets
55071
4.5 mi
Pop: 5,807
$98,945
Walk: 6.6
55129
5.4 mi
Pop: 32,016
$152,500
55055
6.0 mi
Pop: 4,460
$63,365
Walk: 7.9
55125
7.0 mi
Pop: 44,929
$118,129
Walk: 10.3
55076
7.0 mi
Pop: 21,258
$98,026
Walk: 13.0
55033
8.9 mi
Pop: 29,241
$102,026
Walk: 8.4
55075
8.9 mi
Pop: 20,651
$84,573
Walk: 13.4
55001
9.7 mi
Pop: 2,956
$130,625
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