Solar Panel Costs Near Wayne, NJ (07470)
Opportunity Score
97
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07470 is an urban area. with a population of 54,131 and household incomes well above the national median ($151,561). There are 31 solar installers operations in ZIP 07470.
Area Profile
54,131
Population
$151,561
Median Income
+103% vs. national
Urban
Area Type
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 38.4% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 07470.
31
Solar Installers
Competitive — differentiation needed
5.7 per 10K residents
3
Roofing Contractors
0.6 per 10K residents
What this means:
Solar Installers are 91.2% of the relevant market in ZIP 07470 (31 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,126
Median Gross Rent
$600 K
Median Home Value
18
Bank Branches
$17 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 31
- Related Businesses
- 3
- Bank Branches
- 18
vs. National Average
Median Income
+103% 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