RemodCost
Home ZIP 78616

Remodelers Market: ZIP 78616

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 78616 is an urban area. with a population of 10,008 and household incomes near the national median ($70,148).

Area Profile

10,008
Population
$70,148
Median Income
-6% vs. national
Urban
Area Type
Median Age: 32.2 — mixed-age market, broad menu appeal.
College-Educated: 7.4% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 78616.

3
HVAC Contractors
3.0 per 10K residents

Operating Costs

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

$1,740
2BR Fair Market Rent
$1,300
Median Gross Rent
$170 K
Median Home Value

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