RemodCost
Showing results for ZIP 42325 (KY)
Home ZIP 78240

Remodelers Market: ZIP 78240

Opportunity Score
52 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78240 is an urban area with moderate foot traffic. with a population of 57,014 and household incomes near the national median ($62,203). There are 3 remodelers operations in ZIP 78240.

Area Profile

57,014
Population
$62,203
Median Income
-17% vs. national
Urban
Area Type
11.8/20
Foot Traffic
Walkable
Median Age: 32.8 — mixed-age market, broad menu appeal.
College-Educated: 25.5% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 78240.

3
Remodelers
Low competition — room to establish
0.5 per 10K residents
4
HVAC Contractors
0.7 per 10K residents
What this means: Remodelers are 42.9% of the relevant market in ZIP 78240 (3 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,640
2BR Fair Market Rent
$1,283
Median Gross Rent
$250 K
Median Home Value
4
Bank Branches
$190 K deposits

Tips for Starting a Home Remodeling Business in Texas

  • 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits