Remodelers Market: ZIP 97018
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97018 is an urban area. with a population of 1,806 and household incomes well above the national median ($100,912).
Area Profile
1,806
Population
$100,912
Median Income
+35% vs. national
Urban
Area Type
Median Age: 49.9 —
older demographic, may prefer sit-down options.
College-Educated: 16.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$1,467
Median Gross Rent
$440 K
Median Home Value
Tips for Starting a Home Remodeling Business in Oregon
- 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 $100,912. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+35% vs. $74,580
Nearby Markets
97053
6.9 mi
Pop: 3,401
$123,902
97051
7.5 mi
Pop: 17,589
$85,837
Walk: 14.7
97054
9.0 mi
Pop: 1,404
$84,518
Walk: 2.5
98642
10.1 mi
Pop: 26,379
$119,316
Walk: 6.1
98674
10.7 mi
Pop: 16,765
$96,081
Walk: 4.4
98609
12.5 mi
Pop: 0
97056
12.8 mi
Pop: 12,794
$95,351
Walk: 6.4
98629
13.4 mi
Pop: 9,051
$108,789
Check Another Market
Or estimate costs with the RemodCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits