Remodelers Market: ZIP 62207
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62207 is an urban area with moderate foot traffic. with a population of 6,801 and household incomes below the national median ($29,184).
Area Profile
6,801
Population
$29,184
Median Income
-61% vs. national
Urban
Area Type
12.2/20
Foot Traffic
Walkable
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 8.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,090
2BR Fair Market Rent
$803
Median Gross Rent
$54 K
Median Home Value
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 $29,184. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
-61% vs. $74,580
Walkability
+1.7 pts vs. national avg
Nearby Markets
62205
1.5 mi
Pop: 5,760
$41,059
Walk: 12.1
62206
3.2 mi
Pop: 13,155
$39,520
Walk: 11.2
62203
3.6 mi
Pop: 5,539
$41,134
Walk: 12.7
62201
3.8 mi
Pop: 5,017
$21,658
Walk: 6.4
62204
3.8 mi
Pop: 4,824
$36,789
Walk: 12.0
62239
4.6 mi
Pop: 4,381
$57,793
63102
5.5 mi
Pop: 3,004
$60,313
Walk: 18.3
62223
5.6 mi
Pop: 16,269
$69,620
Walk: 10.5
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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