Solar Installers Market: ZIP 07016
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07016 is an urban area with moderate foot traffic. with a population of 23,841 and household incomes well above the national median ($148,629). There are 9 solar installers operations in ZIP 07016.
Area Profile
23,841
Population
$148,629
Median Income
+99% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 46.2% —
strong appetite for artisan/specialty food.
Competition
Solar Installers and related businesses in ZIP 07016.
9
Solar Installers
Moderate — proven market
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,640
2BR Fair Market Rent
$2,116
Median Gross Rent
$640 K
Median Home Value
10
Bank Branches
$2 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 9
- Bank Branches
- 10
vs. National Average
Median Income
+99% vs. $74,580
Walkability
+2.1 pts vs. national avg
Nearby Markets
07027
1.4 mi
Pop: 4,688
$100,948
Walk: 14.5
07033
1.8 mi
Pop: 8,339
$126,295
Walk: 14.6
07066
2.6 mi
Pop: 15,410
$122,610
Walk: 10.6
07204
2.6 mi
Pop: 13,965
$104,418
Walk: 14.8
07090
2.8 mi
Pop: 30,760
$212,700
Walk: 11.8
07203
3.0 mi
Pop: 22,455
$82,967
Walk: 14.1
07081
3.5 mi
Pop: 16,984
$146,059
Walk: 13.3
07083
3.5 mi
Pop: 57,036
$118,106
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