Home › ZIP 97502

Remodelers Market: ZIP 97502

Opportunity Score

79 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 97502 is an urban area with high foot traffic. with a population of 29,583 and household incomes above the national median ($79,146). There are 20 remodelers operations in ZIP 97502.

Area Profile

29,583

Population

$79,146

Median Income

+6% vs. national

Urban

Area Type

15.7/20

Foot Traffic

Very Walkable

Median Age: 41.9 — older demographic, may prefer sit-down options.

College-Educated: 14.9% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 97502.

Remodelers

Moderate — proven market

6.8 per 10K residents

HVAC Contractors

8.8 per 10K residents

Roofing Contractors

2.0 per 10K residents

What this means: Remodelers are 38.5% of the relevant market in ZIP 97502 (20 vs. 32 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,560

2BR Fair Market Rent

$1,245

Median Gross Rent

$370 K

Median Home Value

Bank Branches

$360 K deposits

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.