Remodelers Market: ZIP 62670
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62670 is an urban area. with a population of 2,695 and household incomes above the national median ($76,957).
Area Profile
2,695
Population
$76,957
Median Income
+3% vs. national
Urban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 25.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,040
2BR Fair Market Rent
$826
Median Gross Rent
$190 K
Median Home Value
1
Bank Branches
$110 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+3% vs. $74,580
Nearby Markets
62661
7.2 mi
Pop: 1,360
$68,487
Walk: 10.0
62677
7.6 mi
Pop: 2,153
$99,167
62601
9.7 mi
Pop: 337
$91,389
62692
11.4 mi
Pop: 2,128
$66,619
Walk: 4.6
62711
11.5 mi
Pop: 18,351
$123,507
Walk: 9.1
62629
13.3 mi
Pop: 15,369
$106,373
62688
14.0 mi
Pop: 783
$62,188
Walk: 3.6
62615
14.8 mi
Pop: 5,075
$79,375
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