Remodelers Market: ZIP 55019
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55019 is an suburban area. with a population of 2,336 and household incomes well above the national median ($112,273).
Area Profile
2,336
Population
$112,273
Median Income
+51% vs. national
Suburban
Area Type
Median Age: 38.7 —
mixed-age market, broad menu appeal.
College-Educated: 27.8% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 55019.
4
HVAC Contractors
17.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,470
2BR Fair Market Rent
$1,214
Median Gross Rent
$320 K
Median Home Value
1
Bank Branches
$66 K deposits
Tips for Starting a Home Remodeling Business in Minnesota
- 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.
- The median income here is $112,273. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
- Related Businesses
- 4
- Bank Branches
- 1
vs. National Average
Median Income
+51% vs. $74,580
Nearby Markets
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