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Remodelers Market: ZIP 61602

Opportunity Score

12 / 100 Challenging

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 61602 is an urban area. with a population of 977 and household incomes below the national median ($17,273).

977

Population

$17,273

Median Income

-77% vs. national

Urban

Area Type

Median Age: 44.1 — older demographic, may prefer sit-down options.

College-Educated: 31.9% — balanced market for quality & value.

Remodelers and related businesses in ZIP 61602.

HVAC Contractors

40.9 per 10K residents

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

$1,160

2BR Fair Market Rent

$912

Median Gross Rent

$220 K

Median Home Value

Bank Branches

$1.5 M deposits

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.
Median income sits at $17,273. Price sensitivity is real. Build your model around volume or keep overhead minimal.