Remodelers Market: ZIP 78416
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78416 is an urban area with moderate foot traffic. with a population of 13,116 and household incomes below the national median ($44,726).
Area Profile
13,116
Population
$44,726
Median Income
-40% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 5.7% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 78416.
5
HVAC Contractors
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$1,066
Median Gross Rent
$93 K
Median Home Value
2
Bank Branches
$86 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.
- Median income sits at $44,726. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 2
vs. National Average
Median Income
-40% vs. $74,580
Walkability
+3.4 pts vs. national avg
Nearby Markets
78405
1.7 mi
Pop: 14,442
$37,188
Walk: 15.2
78417
2.2 mi
Pop: 4,462
$53,941
Walk: 8.3
78404
2.9 mi
Pop: 13,607
$60,264
Walk: 15.1
78408
3.5 mi
Pop: 9,631
$43,096
Walk: 16.5
78411
3.9 mi
Pop: 24,061
$60,387
Walk: 14.0
78407
4.1 mi
Pop: 1,937
$53,909
78401
4.2 mi
Pop: 4,668
$37,796
78413
4.9 mi
Pop: 35,103
$71,624
Walk: 12.1
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