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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Remodelers
- 34
- Related Businesses
- 27
- Bank Branches
- 5
vs. National Average
Median Income
+73% vs. $74,580
Walkability
-3.8 pts vs. national avg
Nearby Markets
98390
5.0 mi
Pop: 11,497
$97,815
Walk: 9.0
98385
5.6 mi
Pop: 609
$132,750
Walk: 4.5
98321
6.7 mi
Pop: 17,601
$127,081
Walk: 6.6
98372
7.0 mi
Pop: 26,662
$100,316
Walk: 11.4
98374
7.5 mi
Pop: 47,645
$108,854
Walk: 7.4
98047
8.0 mi
Pop: 6,900
$102,723
Walk: 10.2
98092
8.3 mi
Pop: 50,510
$116,614
Walk: 7.7
98360
8.7 mi
Pop: 14,986
$114,801
Walk: 5.6
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