Solar Panel Costs Near Paterson, NJ (07503)
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07503 is an urban area. with a population of 19,567 and household incomes near the national median ($60,295). There are 3 solar installers operations in ZIP 07503.
Area Profile
19,567
Population
$60,295
Median Income
-19% vs. national
Urban
Area Type
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 9.3% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 07503.
3
Solar Installers
Low competition — room to establish
1.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,605
Median Gross Rent
$310 K
Median Home Value
3
Bank Branches
$300 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
- 3
vs. National Average
Median Income
-19% 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