RemodCost
Showing results for ZIP 41560 (KY)
Home ZIP 89701

Remodelers Market: ZIP 89701

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 89701 is an urban area with low foot traffic. with a population of 28,400 and household incomes near the national median ($71,369). There are 14 remodelers operations in ZIP 89701.

Area Profile

28,400
Population
$71,369
Median Income
-4% vs. national
Urban
Area Type
7.7/20
Foot Traffic
Car-Dependent
Median Age: 41.0 — older demographic, may prefer sit-down options.
College-Educated: 14.6% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 89701.

14
Remodelers
Moderate — proven market
4.9 per 10K residents
13
HVAC Contractors
4.6 per 10K residents
6
Roofing Contractors
2.1 per 10K residents
What this means: Remodelers are 42.4% of the relevant market in ZIP 89701 (14 vs. 19 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,460
2BR Fair Market Rent
$1,195
Median Gross Rent
$420 K
Median Home Value
7
Bank Branches
$1.1 M deposits

Tips for Starting a Home Remodeling Business in Nevada

  • 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
Car-Dependent
Remodelers
14
Related Businesses
19
Bank Branches
7

vs. National Average

Median Income
-4% vs. $74,580
Walkability
-2.8 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