Remodelers Market: ZIP 62927
Opportunity Score
16
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62927 is an suburban area. with a population of 313 and household incomes near the national median ($51,125).
Area Profile
313
Population
$51,125
Median Income
-31% vs. national
Suburban
Area Type
Median Age: 44.9 —
older demographic, may prefer sit-down options.
College-Educated: 4.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,050
2BR Fair Market Rent
$44 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.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
-31% vs. $74,580
Nearby Markets
62932
4.4 mi
Pop: 1,178
$45,050
62832
4.5 mi
Pop: 8,903
$57,324
Walk: 6.9
62994
7.1 mi
Pop: 752
$62,500
Walk: 4.4
62924
9.7 mi
Pop: 3,064
$57,721
Walk: 4.5
62983
10.6 mi
Pop: 1,623
$50,625
Walk: 3.5
62949
10.9 mi
Pop: 699
$34,194
Walk: 5.0
62865
11.9 mi
Pop: 2,235
$66,763
Walk: 6.1
62888
12.8 mi
Pop: 1,881
$69,231
Walk: 5.4
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