RemodCost
Home ZIP 98391

Remodelers Market: ZIP 98391

Opportunity Score
80 / 100 Excellent
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98391 is an urban area with low foot traffic. with a population of 57,691 and household incomes well above the national median ($129,233). There are 34 remodelers operations in ZIP 98391.

Area Profile

57,691
Population
$129,233
Median Income
+73% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 37.0 — mixed-age market, broad menu appeal.
College-Educated: 20.9% — value-focused market, keep prices competitive.

Competition

Remodelers and related businesses in ZIP 98391.

34
Remodelers
Competitive — differentiation needed
5.9 per 10K residents
16
HVAC Contractors
2.8 per 10K residents
11
Roofing Contractors
1.9 per 10K residents
What this means: Remodelers are 55.7% of the relevant market in ZIP 98391 (34 vs. 27 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,570
2BR Fair Market Rent
$2,178
Median Gross Rent
$580 K
Median Home Value
5
Bank Branches
$720 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 $129,233. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits