Solar Installers Market: ZIP 07305
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07305 is an urban area with moderate foot traffic. with a population of 71,643 and household incomes above the national median ($77,126). There are 4 solar installers operations in ZIP 07305.
Area Profile
71,643
Population
$77,126
Median Income
+3% vs. national
Urban
Area Type
13.3/20
Foot Traffic
Walkable
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 23.0% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 07305.
4
Solar Installers
Low competition — room to establish
0.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,070
2BR Fair Market Rent
$1,610
Median Gross Rent
$420 K
Median Home Value
5
Bank Branches
$400 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 4
- Bank Branches
- 5
vs. National Average
Median Income
+3% vs. $74,580
Walkability
+2.8 pts vs. national avg
Nearby Markets
07304
1.7 mi
Pop: 49,260
$68,432
Walk: 14.6
07302
2.5 mi
Pop: 55,448
$166,854
Walk: 15.5
07306
3.0 mi
Pop: 54,567
$75,861
Walk: 13.7
07311
3.1 mi
Pop: 1,954
$179,928
07002
3.5 mi
Pop: 70,468
$81,285
Walk: 13.7
07310
3.5 mi
Pop: 14,577
$172,946
Walk: 12.0
10004
3.6 mi
Pop: 3,875
$220,592
Walk: 9.0
10280
3.8 mi
Pop: 8,668
$206,250
Walk: 15.9
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