RemodCost
Showing results for ZIP 62961 (IL)
Home ZIP 81122

Remodelers Market: ZIP 81122

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 81122 is an suburban area. with a population of 8,921 and household incomes above the national median ($94,450). There are 6 remodelers operations in ZIP 81122.

Area Profile

8,921
Population
$94,450
Median Income
+27% vs. national
Suburban
Area Type
Median Age: 44.9 — older demographic, may prefer sit-down options.
College-Educated: 31.3% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 81122.

6
Remodelers
Moderate — proven market
6.7 per 10K residents
11
HVAC Contractors
12.3 per 10K residents
What this means: Remodelers are 35.3% of the relevant market in ZIP 81122 (6 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,650
2BR Fair Market Rent
$1,536
Median Gross Rent
$450 K
Median Home Value
2
Bank Branches
$140 K 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
Suburban
Remodelers
6
Related Businesses
11
Bank Branches
2

vs. National Average

Median Income
+27% vs. $74,580

Check Another Market

Or estimate costs with the RemodCost calculator.

Data sources

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