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Remodelers Market: ZIP 98178

Opportunity Score

83 / 100 Excellent

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

Market Summary

ZIP 98178 is an urban area with moderate foot traffic. with a population of 25,929 and household incomes above the national median ($93,786). There are 23 remodelers operations in ZIP 98178.

Area Profile

25,929

Population

$93,786

Median Income

+26% vs. national

Urban

Area Type

13.8/20

Foot Traffic

Walkable

Median Age: 40.7 — older demographic, may prefer sit-down options.

College-Educated: 26.9% — balanced market for quality & value.

Competition

Remodelers and related businesses in ZIP 98178.

Remodelers

Competitive — differentiation needed

8.9 per 10K residents

HVAC Contractors

1.5 per 10K residents

What this means: Remodelers are 85.2% of the relevant market in ZIP 98178 (23 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,510

2BR Fair Market Rent

$1,836

Median Gross Rent

$630 K

Median Home Value

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.