RemodCost
Showing results for ZIP 61882 (IL)
Home ZIP 60134

Remodelers Market: ZIP 60134

Opportunity Score
87 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60134 is an urban area. with a population of 29,838 and household incomes well above the national median ($148,283). There are 15 remodelers operations in ZIP 60134.

Area Profile

29,838
Population
$148,283
Median Income
+99% vs. national
Urban
Area Type
Median Age: 39.7 — mixed-age market, broad menu appeal.
College-Educated: 43.8% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 60134.

15
Remodelers
Moderate — proven market
5.0 per 10K residents
5
HVAC Contractors
1.7 per 10K residents
4
Roofing Contractors
1.3 per 10K residents
What this means: Remodelers are 62.5% of the relevant market in ZIP 60134 (15 vs. 9 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,300
2BR Fair Market Rent
$1,816
Median Gross Rent
$430 K
Median Home Value
11
Bank Branches
$1.1 M deposits

Tips for Starting a Home Remodeling Business in Illinois

  • 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 $148,283. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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