Remodelers Market: ZIP 55109
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55109 is an urban area with moderate foot traffic. with a population of 34,266 and household incomes above the national median ($81,759). There are 15 remodelers operations in ZIP 55109.
Area Profile
34,266
Population
$81,759
Median Income
+10% vs. national
Urban
Area Type
14.0/20
Foot Traffic
Very Car-Dependent
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 55109.
15
Remodelers
Moderate — proven market
4.4 per 10K residents
10
HVAC Contractors
2.9 per 10K residents
3
Roofing Contractors
0.9 per 10K residents
What this means:
Remodelers are 53.6% of the relevant market in ZIP 55109 (15 vs. 13 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,590
2BR Fair Market Rent
$1,316
Median Gross Rent
$290 K
Median Home Value
6
Bank Branches
$1.2 M 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 15
- Related Businesses
- 13
- Bank Branches
- 6
vs. National Average
Median Income
+10% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
55106
4.3 mi
Pop: 56,969
$68,601
Walk: 13.7
55117
4.5 mi
Pop: 44,095
$71,784
Walk: 13.7
55128
4.8 mi
Pop: 28,945
$89,642
Walk: 10.2
55130
4.9 mi
Pop: 18,634
$53,281
Walk: 14.3
55110
5.3 mi
Pop: 37,272
$97,211
Walk: 9.0
55090
5.4 mi
Pop: 377
$80,179
55119
5.5 mi
Pop: 44,068
$77,870
Walk: 11.7
55127
5.7 mi
Pop: 18,607
$113,355
Walk: 8.9
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