Remodelers Market: ZIP 62060
Opportunity Score
47
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62060 is an urban area with low foot traffic. with a population of 3,619 and household incomes below the national median ($40,139).
Area Profile
3,619
Population
$40,139
Median Income
-46% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 5.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 62060.
3
HVAC Contractors
8.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$1,019
Median Gross Rent
$54 K
Median Home Value
1
Bank Branches
$35 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.
- Median income sits at $40,139. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 3
- Bank Branches
- 1
vs. National Average
Median Income
-46% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
62090
1.9 mi
Pop: 1,015
$38,269
Walk: 6.7
62059
2.9 mi
Pop: 811
$37,656
62201
3.2 mi
Pop: 5,017
$21,658
Walk: 6.4
62040
3.8 mi
Pop: 40,365
$60,558
Walk: 7.2
63102
4.5 mi
Pop: 3,004
$60,313
Walk: 18.3
62204
4.8 mi
Pop: 4,824
$36,789
Walk: 12.0
63101
4.9 mi
Pop: 2,953
$92,708
63107
5.0 mi
Pop: 9,082
$40,522
Walk: 15.1
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