Solar Installers Market: ZIP 07014
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07014 is an urban area. with a population of 4,867 and household incomes well above the national median ($138,222).
Area Profile
4,867
Population
$138,222
Median Income
+85% vs. national
Urban
Area Type
Median Age: 39.0 —
mixed-age market, broad menu appeal.
College-Educated: 38.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,490
2BR Fair Market Rent
$1,912
Median Gross Rent
$410 K
Median Home Value
3
Bank Branches
$630 K deposits
Tips for Starting a Solar Business in New Jersey
- 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.
- The median income here is $138,222. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 3
vs. National Average
Median Income
+85% vs. $74,580
Nearby Markets
07110
1.6 mi
Pop: 29,746
$115,215
Walk: 14.4
07055
1.9 mi
Pop: 69,651
$56,780
Walk: 14.9
07012
2.0 mi
Pop: 15,153
$100,341
Walk: 14.3
07070
2.2 mi
Pop: 18,748
$136,069
Walk: 14.9
07057
2.5 mi
Pop: 11,825
$82,422
Walk: 15.3
07071
2.8 mi
Pop: 22,343
$109,021
Walk: 14.8
07031
3.2 mi
Pop: 16,368
$101,493
Walk: 14.7
07109
3.2 mi
Pop: 37,785
$90,164
Walk: 14.3
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