SolarBreakeven
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Home New Jersey ZIP 07002

Solar Panel Costs Near Bayonne, NJ (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 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
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.

$1,593
Median Gross Rent
$450 K
Median Home Value
18
Bank Branches
$2.5 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits