Solar Panel Costs Near Newark, NJ (07114)
Opportunity Score
39
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07114 is an urban area. with a population of 12,658 and household incomes below the national median ($34,167). There are 3 solar installers operations in ZIP 07114.
Area Profile
12,658
Population
$34,167
Median Income
-54% vs. national
Urban
Area Type
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 7.2% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 07114.
3
Solar Installers
Low competition — room to establish
2.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$616
Median Gross Rent
$380 K
Median Home Value
2
Bank Branches
$84 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-54% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the SolarBreakeven calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits