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Remodelers Market: ZIP 70116

Opportunity Score

64 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 70116 is an urban area with high foot traffic. with a population of 10,377 and household incomes below the national median ($45,580).

10,377

Population

$45,580

Median Income

-39% vs. national

Urban

Area Type

15.0/20

Foot Traffic

Very Walkable

Median Age: 46.3 — older demographic, may prefer sit-down options.

College-Educated: 42.5% — strong appetite for artisan/specialty food.

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

$1,660

2BR Fair Market Rent

$1,190

Median Gross Rent

$390 K

Median Home Value

Bank Branches

$14 K deposits

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.