Solar Installers Market: ZIP 07031
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07031 is an urban area with moderate foot traffic. with a population of 16,368 and household incomes well above the national median ($101,493). There are 6 solar installers operations in ZIP 07031.
Area Profile
16,368
Population
$101,493
Median Income
+36% vs. national
Urban
Area Type
14.7/20
Foot Traffic
Very Car-Dependent
Median Age: 39.6 —
mixed-age market, broad menu appeal.
College-Educated: 28.8% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 07031.
6
Solar Installers
Moderate — proven market
3.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,000
2BR Fair Market Rent
$1,706
Median Gross Rent
$460 K
Median Home Value
6
Bank Branches
$1.1 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Solar Installers
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+36% vs. $74,580
Walkability
+4.2 pts vs. national avg
Nearby Markets
07071
1.2 mi
Pop: 22,343
$109,021
Walk: 14.8
07032
2.4 mi
Pop: 40,570
$83,212
Walk: 13.9
07109
2.5 mi
Pop: 37,785
$90,164
Walk: 14.3
07070
2.7 mi
Pop: 18,748
$136,069
Walk: 14.9
07110
3.1 mi
Pop: 29,746
$115,215
Walk: 14.4
07104
3.2 mi
Pop: 54,277
$51,199
Walk: 14.1
07014
3.2 mi
Pop: 4,867
$138,222
07029
3.5 mi
Pop: 22,128
$80,495
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