Solar Installers Market: ZIP 07027
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07027 is an urban area with moderate foot traffic. with a population of 4,688 and household incomes well above the national median ($100,948).
Area Profile
4,688
Population
$100,948
Median Income
+35% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 42.7 —
older demographic, may prefer sit-down options.
College-Educated: 33.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,330
2BR Fair Market Rent
$1,603
Median Gross Rent
$510 K
Median Home Value
1
Bank Branches
$130 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 $100,948. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 1
vs. National Average
Median Income
+35% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
07090
1.4 mi
Pop: 30,760
$212,700
Walk: 11.8
07016
1.4 mi
Pop: 23,841
$148,629
Walk: 12.6
07066
2.3 mi
Pop: 15,410
$122,610
Walk: 10.6
07033
3.0 mi
Pop: 8,339
$126,295
Walk: 14.6
07092
3.3 mi
Pop: 6,967
$210,100
Walk: 12.6
07081
3.3 mi
Pop: 16,984
$146,059
Walk: 13.3
07076
3.7 mi
Pop: 24,667
$173,564
Walk: 5.6
07204
4.0 mi
Pop: 13,965
$104,418
Walk: 14.8
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