RemodCost
Showing results for ZIP 37144 (TN)
Home ZIP 83001

Remodelers Market: ZIP 83001

Opportunity Score
77 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 83001 is an suburban area with low foot traffic. with a population of 17,458 and household incomes well above the national median ($114,402). There are 49 remodelers operations in ZIP 83001.

Area Profile

17,458
Population
$114,402
Median Income
+53% vs. national
Suburban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.1 — mixed-age market, broad menu appeal.
College-Educated: 45.6% — strong appetite for artisan/specialty food.

Competition

Remodelers and related businesses in ZIP 83001.

49
Remodelers
Competitive — differentiation needed
28.1 per 10K residents
22
HVAC Contractors
12.6 per 10K residents
4
Roofing Contractors
2.3 per 10K residents
What this means: Remodelers are 65.3% of the relevant market in ZIP 83001 (49 vs. 26 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,620
2BR Fair Market Rent
$1,986
Median Gross Rent
$1.4 M
Median Home Value
14
Bank Branches
$2.9 M deposits

Tips for Starting a Home Remodeling Business in Wyoming

  • 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.
  • The median income here is $114,402. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Suburban
Foot Traffic
Very Car-Dependent
Remodelers
49
Related Businesses
26
Bank Branches
14

vs. National Average

Median Income
+53% vs. $74,580
Walkability
-1.4 pts vs. national avg

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