Remodelers Market: ZIP 97115
Opportunity Score
94
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97115 is an suburban area. with a population of 3,916 and household incomes well above the national median ($114,107).
Area Profile
3,916
Population
$114,107
Median Income
+53% vs. national
Suburban
Area Type
Median Age: 43.6 —
older demographic, may prefer sit-down options.
College-Educated: 26.4% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,370
2BR Fair Market Rent
$1,133
Median Gross Rent
$500 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 $114,107. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Suburban
vs. National Average
Median Income
+53% vs. $74,580
Nearby Markets
97132
4.2 mi
Pop: 31,715
$95,150
Walk: 12.7
97127
6.2 mi
Pop: 4,428
$96,419
97137
6.7 mi
Pop: 1,126
$104,643
Walk: 4.5
97114
7.1 mi
Pop: 5,136
$87,560
97111
11.6 mi
Pop: 4,285
$95,121
97123
12.0 mi
Pop: 48,622
$105,999
Walk: 10.8
97140
12.3 mi
Pop: 27,999
$119,241
Walk: 9.7
97026
13.4 mi
Pop: 3,898
$89,630
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