Remodelers Market: ZIP 70501
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 70501 is an urban area with moderate foot traffic. with a population of 26,956 and household incomes below the national median ($31,723).
Area Profile
26,956
Population
$31,723
Median Income
-57% vs. national
Urban
Area Type
10.1/20
Foot Traffic
Walkable
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 11.0% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 70501.
3
HVAC Contractors
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,010
2BR Fair Market Rent
$867
Median Gross Rent
$120 K
Median Home Value
8
Bank Branches
$1.5 M deposits
Tips for Starting a Home Remodeling Business in Louisiana
- 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 $31,723. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
-57% vs. $74,580
Walkability
-0.4 pts vs. national avg
Nearby Markets
70507
3.7 mi
Pop: 19,215
$64,010
Walk: 6.8
70508
6.3 mi
Pop: 39,364
$88,017
Walk: 9.3
70503
6.4 mi
Pop: 28,883
$94,360
Walk: 9.3
70506
6.9 mi
Pop: 41,550
$55,553
Walk: 9.4
70520
6.9 mi
Pop: 20,134
$65,956
Walk: 7.8
70518
8.4 mi
Pop: 16,667
$103,574
70583
9.3 mi
Pop: 8,670
$52,856
Walk: 6.0
70558
11.2 mi
Pop: 24
Check Another Market
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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