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Home ZIP 62206

Remodelers Market: ZIP 62206

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62206 is an urban area with moderate foot traffic. with a population of 13,155 and household incomes below the national median ($39,520).

Area Profile

13,155
Population
$39,520
Median Income
-47% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 33.3 — mixed-age market, broad menu appeal.
College-Educated: 7.0% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 62206.

4
HVAC Contractors
3.0 per 10K residents

Operating Costs

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

$1,200
2BR Fair Market Rent
$1,021
Median Gross Rent
$58 K
Median Home Value
2
Bank Branches
$66 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 $39,520. Price sensitivity is real. Build your model around volume or keep overhead minimal.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
4
Bank Branches
2

vs. National Average

Median Income
-47% vs. $74,580
Walkability
+0.7 pts vs. national avg

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

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