RemodCost
Showing results for ZIP 62984 (IL)
Home ZIP 62246

Remodelers Market: ZIP 62246

Opportunity Score
49 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62246 is an rural area with low foot traffic. with a population of 9,946 and household incomes near the national median ($61,740). There are 3 remodelers operations in ZIP 62246.

Area Profile

9,946
Population
$61,740
Median Income
-17% vs. national
Rural
Area Type
9.2/20
Foot Traffic
Very Car-Dependent
Median Age: 39.8 — mixed-age market, broad menu appeal.
College-Educated: 18.6% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 62246.

3
Remodelers
Low competition — room to establish
3.0 per 10K residents

Operating Costs

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

$1,090
2BR Fair Market Rent
$726
Median Gross Rent
$150 K
Median Home Value
6
Bank Branches
$410 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.
  • This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.

Quick Facts

Area Type
Rural
Foot Traffic
Very Car-Dependent
Remodelers
3
Bank Branches
6

vs. National Average

Median Income
-17% vs. $74,580
Walkability
-1.3 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