Remodelers Market: ZIP 97020
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97020 is an urban area. with a population of 1,242 and household incomes above the national median ($79,167).
Area Profile
1,242
Population
$79,167
Median Income
+6% vs. national
Urban
Area Type
Median Age: 37.9 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$340 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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+6% vs. $74,580
Nearby Markets
97002
3.3 mi
Pop: 6,468
$65,685
97032
4.7 mi
Pop: 4,810
$100,301
97071
6.2 mi
Pop: 31,847
$70,130
Walk: 11.3
97070
7.5 mi
Pop: 26,363
$89,953
Walk: 9.1
97137
7.6 mi
Pop: 1,126
$104,643
Walk: 4.5
97140
9.2 mi
Pop: 27,999
$119,241
Walk: 9.7
97026
10.6 mi
Pop: 3,898
$89,630
97062
11.2 mi
Pop: 28,620
$106,987
Walk: 14.0
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