Remodelers Market: ZIP 64847
Opportunity Score
8
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 64847 is an urban area. with a population of 342 and household incomes below the national median ($36,000).
Area Profile
342
Population
$36,000
Median Income
-52% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 6.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$820
2BR Fair Market Rent
$463
Median Gross Rent
$55 K
Median Home Value
1
Bank Branches
$5.3 K deposits
Tips for Starting a Home Remodeling Business in Missouri
- 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.
- Median income sits at $36,000. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
-52% vs. $74,580
Nearby Markets
64854
2.9 mi
Pop: 4,867
$41,173
64831
4.8 mi
Pop: 6,288
$58,589
72768
9.0 mi
Pop: 1,320
$43,625
Walk: 3.7
64843
9.8 mi
Pop: 3,193
$51,509
64863
10.2 mi
Pop: 1,403
$38,482
Walk: 4.3
72736
12.4 mi
Pop: 7,519
$73,565
Walk: 5.3
72715
12.6 mi
Pop: 16,920
$80,880
Walk: 6.0
64856
13.2 mi
Pop: 4,154
$49,148
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