Solar Installers Market: ZIP 02703
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02703 is an urban area with moderate foot traffic. with a population of 46,479 and household incomes above the national median ($93,352). There are 8 solar installers operations in ZIP 02703.
Area Profile
46,479
Population
$93,352
Median Income
+25% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 23.6% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 02703.
8
Solar Installers
Moderate — proven market
1.7 per 10K residents
3
Roofing Contractors
0.6 per 10K residents
What this means:
Solar Installers are 72.7% of the relevant market in ZIP 02703 (8 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,800
2BR Fair Market Rent
$1,446
Median Gross Rent
$410 K
Median Home Value
8
Bank Branches
$1.1 M deposits
Tips for Starting a Solar Business in Massachusetts
- The federal Investment Tax Credit (ITC) is the single biggest factor in your customers' buying decisions. Know the current rate and expiration timeline cold.
- Become a certified installer for at least two major panel manufacturers. Certification unlocks better wholesale pricing and warranty terms.
- Permitting and interconnection timelines vary wildly by utility. In some territories it takes 2 weeks. In others, 6 months. Map this before you set customer expectations.
- Roof condition kills more solar deals than price objections. Partner with a roofer or learn to assess roof life remaining.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 8
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+25% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
02763
2.6 mi
Pop: 1,764
$109,970
Walk: 13.0
02760
3.9 mi
Pop: 29,078
$109,350
Walk: 13.8
02861
5.5 mi
Pop: 27,928
$83,044
Walk: 15.1
02762
6.3 mi
Pop: 9,872
$95,625
02771
6.5 mi
Pop: 15,573
$116,310
Walk: 8.2
02769
6.8 mi
Pop: 12,809
$126,161
Walk: 6.1
02916
7.3 mi
Pop: 8,725
$96,293
Walk: 15.0
02863
7.4 mi
Pop: 22,481
$45,921
Walk: 15.9
Check Another Market
Or estimate costs with the SolarBreakeven 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