RemodCost
Showing results for ZIP 20002 (DC)
Home ZIP 80903

Remodelers Market: ZIP 80903

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 80903 is an urban area with high foot traffic. with a population of 17,045 and household incomes near the national median ($59,292). There are 12 remodelers operations in ZIP 80903.

Area Profile

17,045
Population
$59,292
Median Income
-20% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 34.6 — mixed-age market, broad menu appeal.
College-Educated: 27.0% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 80903.

12
Remodelers
Moderate — proven market
7.0 per 10K residents
9
HVAC Contractors
5.3 per 10K residents
3
Roofing Contractors
1.8 per 10K residents
What this means: Remodelers are 50.0% of the relevant market in ZIP 80903 (12 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,580
2BR Fair Market Rent
$1,221
Median Gross Rent
$420 K
Median Home Value
24
Bank Branches
$3.6 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.

Data sources

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