Solar Panel Costs Near Melrose, MA (02176)
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02176 is an urban area. with a population of 29,488 and household incomes well above the national median ($126,854). There are 6 solar installers operations in ZIP 02176.
Area Profile
29,488
Population
$126,854
Median Income
+70% vs. national
Urban
Area Type
Median Age: 44.3 —
older demographic, may prefer sit-down options.
College-Educated: 46.3% —
strong appetite for artisan/specialty food.
Competition
Solar Installers and related businesses in ZIP 02176.
6
Solar Installers
Moderate — proven market
2.0 per 10K residents
3
Roofing Contractors
1.0 per 10K residents
What this means:
Solar Installers are 66.7% of the relevant market in ZIP 02176 (6 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,933
Median Gross Rent
$800 K
Median Home Value
8
Bank Branches
$1.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 6
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+70% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the SolarBreakeven calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits