Remodelers Market: ZIP 98951
Opportunity Score
45
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98951 is an urban area with low foot traffic. with a population of 12,935 and household incomes near the national median ($63,083). There are 4 remodelers operations in ZIP 98951.
Area Profile
12,935
Population
$63,083
Median Income
-15% vs. national
Urban
Area Type
5.2/20
Foot Traffic
Very Car-Dependent
Median Age: 29.8 —
young market, strong street food demand.
College-Educated: 5.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 98951.
4
Remodelers
Low competition — room to establish
3.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$871
Median Gross Rent
$210 K
Median Home Value
1
Bank Branches
$44 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Remodelers
- 4
- Bank Branches
- 1
vs. National Average
Median Income
-15% vs. $74,580
Walkability
-5.3 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