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Showing results for ZIP 55126 (MN)
Home ZIP 62966

Remodelers Market: ZIP 62966

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 62966 is an suburban area with low foot traffic. with a population of 13,995 and household incomes near the national median ($54,242).

Area Profile

13,995
Population
$54,242
Median Income
-27% vs. national
Suburban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 40.4 — older demographic, may prefer sit-down options.
College-Educated: 16.0% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 62966.

7
HVAC Contractors
5.0 per 10K residents

Operating Costs

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

$970
2BR Fair Market Rent
$681
Median Gross Rent
$120 K
Median Home Value
7
Bank Branches
$260 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
Suburban
Foot Traffic
Car-Dependent
Related Businesses
7
Bank Branches
7

vs. National Average

Median Income
-27% vs. $74,580
Walkability
-2.4 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