Remodelers Market: ZIP 61745
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61745 is an urban area. with a population of 4,506 and household incomes well above the national median ($102,696).
Area Profile
4,506
Population
$102,696
Median Income
+38% vs. national
Urban
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 23.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,030
2BR Fair Market Rent
$1,013
Median Gross Rent
$210 K
Median Home Value
1
Bank Branches
$46 K 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 $102,696. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+38% vs. $74,580
Nearby Markets
61777
5.5 mi
Pop: 989
$88,568
61772
8.0 mi
Pop: 221
$128,750
Walk: 6.0
61736
10.4 mi
Pop: 2,658
$107,127
61704
10.5 mi
Pop: 36,938
$93,107
Walk: 13.4
61778
10.8 mi
Pop: 461
$61,979
61701
10.9 mi
Pop: 35,577
$55,882
Walk: 14.9
61727
12.0 mi
Pop: 9,114
$61,614
Walk: 9.1
61754
13.4 mi
Pop: 1,158
$96,728
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