Remodelers Market: ZIP 80501
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 80501 is an urban area with moderate foot traffic. with a population of 43,591 and household incomes above the national median ($77,705). There are 25 remodelers operations in ZIP 80501.
Area Profile
43,591
Population
$77,705
Median Income
+4% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 38.0 —
mixed-age market, broad menu appeal.
College-Educated: 27.1% —
balanced market for quality & value.
Competition
Remodelers and related businesses in ZIP 80501.
25
Remodelers
Competitive — differentiation needed
5.7 per 10K residents
27
HVAC Contractors
6.2 per 10K residents
5
Roofing Contractors
1.1 per 10K residents
What this means:
Remodelers are 43.9% of the relevant market in ZIP 80501 (25 vs. 32 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,000
2BR Fair Market Rent
$1,586
Median Gross Rent
$460 K
Median Home Value
28
Bank Branches
$2.9 M deposits
Tips for Starting a Home Remodeling Business in Colorado
- 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
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 25
- Related Businesses
- 32
- Bank Branches
- 28
vs. National Average
Median Income
+4% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
80504
5.0 mi
Pop: 61,305
$109,671
Walk: 11.0
80544
6.4 mi
Pop: 0
Walk: 9.7
80503
7.5 mi
Pop: 36,206
$118,465
Walk: 9.9
80542
8.6 mi
Pop: 5,552
$127,500
80513
9.4 mi
Pop: 16,997
$117,024
Walk: 10.5
80516
9.5 mi
Pop: 37,107
$160,590
Walk: 8.5
80026
10.5 mi
Pop: 32,549
$115,031
Walk: 12.9
80301
10.7 mi
Pop: 25,252
$92,974
Walk: 12.0
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