Solar Panel Costs Near Waterbury, CT (06704)
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06704 is an urban area. with a population of 30,666 and household incomes below the national median ($47,848). There are 3 solar installers operations in ZIP 06704.
Area Profile
30,666
Population
$47,848
Median Income
-36% vs. national
Urban
Area Type
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 06704.
3
Solar Installers
Low competition — room to establish
1.0 per 10K residents
3
Roofing Contractors
1.0 per 10K residents
What this means:
Solar Installers are 50.0% of the relevant market in ZIP 06704 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,202
Median Gross Rent
$180 K
Median Home Value
4
Bank Branches
$490 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
-36% 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