Solar Installers Market: ZIP 07002
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07002 is an urban area with moderate foot traffic. with a population of 70,468 and household incomes above the national median ($81,285). There are 13 solar installers operations in ZIP 07002.
Area Profile
70,468
Population
$81,285
Median Income
+9% vs. national
Urban
Area Type
13.7/20
Foot Traffic
Walkable
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 28.0% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 07002.
13
Solar Installers
Moderate — proven market
1.8 per 10K residents
4
Roofing Contractors
0.6 per 10K residents
What this means:
Solar Installers are 76.5% of the relevant market in ZIP 07002 (13 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,593
Median Gross Rent
$450 K
Median Home Value
18
Bank Branches
$2.5 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 13
- Related Businesses
- 4
- Bank Branches
- 18
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+3.2 pts vs. national avg
Nearby Markets
10310
2.1 mi
Pop: 25,824
$106,118
Walk: 15.4
10301
2.6 mi
Pop: 39,799
$84,937
Walk: 12.9
10302
2.9 mi
Pop: 19,693
$76,089
07305
3.5 mi
Pop: 71,643
$77,126
Walk: 13.3
10304
4.1 mi
Pop: 45,843
$71,506
Walk: 13.9
07304
4.4 mi
Pop: 49,260
$68,432
Walk: 14.6
07105
4.6 mi
Pop: 56,657
$55,752
Walk: 14.4
07201
4.7 mi
Pop: 27,725
$62,026
Walk: 12.4
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