Remodelers Market: ZIP 98022
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98022 is an urban area with low foot traffic. with a population of 22,135 and household incomes well above the national median ($116,613). There are 22 remodelers operations in ZIP 98022.
Area Profile
22,135
Population
$116,613
Median Income
+56% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 98022.
22
Remodelers
Competitive — differentiation needed
9.9 per 10K residents
14
HVAC Contractors
6.3 per 10K residents
3
Roofing Contractors
1.4 per 10K residents
What this means:
Remodelers are 56.4% of the relevant market in ZIP 98022 (22 vs. 17 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$1,626
Median Gross Rent
$580 K
Median Home Value
5
Bank Branches
$430 K deposits
Tips for Starting a Home Remodeling Business in Washington
- 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 $116,613. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 22
- Related Businesses
- 17
- Bank Branches
- 5
vs. National Average
Median Income
+56% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
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