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Showing results for ZIP 54770 (WI)
Home ZIP 62216

Remodelers Market: ZIP 62216

Opportunity Score
82 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62216 is an urban area. with a population of 3,101 and household incomes well above the national median ($110,938).

Area Profile

3,101
Population
$110,938
Median Income
+49% vs. national
Urban
Area Type
Median Age: 32.9 — mixed-age market, broad menu appeal.
College-Educated: 21.9% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 62216.

4
HVAC Contractors
12.9 per 10K residents

Operating Costs

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

$1,180
2BR Fair Market Rent
$958
Median Gross Rent
$240 K
Median Home Value
1
Bank Branches
$73 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 $110,938. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

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