RemodCost
Showing results for ZIP 02907 (RI)
Home ZIP 73401

Remodelers Market: ZIP 73401

Opportunity Score
51 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 73401 is an suburban area with moderate foot traffic. with a population of 36,228 and household incomes near the national median ($60,288). There are 3 remodelers operations in ZIP 73401.

Area Profile

36,228
Population
$60,288
Median Income
-19% vs. national
Suburban
Area Type
12.0/20
Foot Traffic
Walkable
Median Age: 38.2 — mixed-age market, broad menu appeal.
College-Educated: 15.1% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 73401.

3
Remodelers
Low competition — room to establish
0.8 per 10K residents
20
HVAC Contractors
5.5 per 10K residents
What this means: Remodelers are 13.0% of the relevant market in ZIP 73401 (3 vs. 20 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,040
2BR Fair Market Rent
$960
Median Gross Rent
$170 K
Median Home Value
20
Bank Branches
$1.3 M deposits

Tips for Starting a Home Remodeling Business in Oklahoma

  • 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
Walkable
Remodelers
3
Related Businesses
20
Bank Branches
20

vs. National Average

Median Income
-19% vs. $74,580
Walkability
+1.5 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