RemodCost
Showing results for ZIP 01037 (MA)
Home ZIP 89705

Remodelers Market: ZIP 89705

Opportunity Score
61 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 89705 is an urban area with low foot traffic. with a population of 5,100 and household incomes above the national median ($78,269).

Area Profile

5,100
Population
$78,269
Median Income
+5% vs. national
Urban
Area Type
6.1/20
Foot Traffic
Car-Dependent
Median Age: 52.1 — older demographic, may prefer sit-down options.
College-Educated: 21.5% — value-focused market, keep prices competitive.

Operating Costs

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

$1,620
2BR Fair Market Rent
$1,364
Median Gross Rent
$460 K
Median Home Value
2
Bank Branches
$360 K 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.

Data sources

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