RemodCost
Showing results for ZIP 61842 (IL)
Home ZIP 97116

Remodelers Market: ZIP 97116

Opportunity Score
74 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 97116 is an urban area with moderate foot traffic. with a population of 29,598 and household incomes above the national median ($87,308). There are 17 remodelers operations in ZIP 97116.

Area Profile

29,598
Population
$87,308
Median Income
+17% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 35.6 — mixed-age market, broad menu appeal.
College-Educated: 20.5% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 97116.

17
Remodelers
Moderate — proven market
5.7 per 10K residents
11
HVAC Contractors
3.7 per 10K residents
What this means: Remodelers are 60.7% of the relevant market in ZIP 97116 (17 vs. 11 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,830
2BR Fair Market Rent
$1,397
Median Gross Rent
$480 K
Median Home Value
3
Bank Branches
$220 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Remodelers
17
Related Businesses
11
Bank Branches
3

vs. National Average

Median Income
+17% vs. $74,580
Walkability
+2.6 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