Solar Installers Market: ZIP 07702
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07702 is an urban area. with a population of 4,162 and household incomes well above the national median ($144,500).
Area Profile
4,162
Population
$144,500
Median Income
+94% vs. national
Urban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 44.6% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,060
2BR Fair Market Rent
$3,300
Median Gross Rent
$740 K
Median Home Value
5
Bank Branches
$900 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.
- The median income here is $144,500. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 5
vs. National Average
Median Income
+94% vs. $74,580
Nearby Markets
07703
1.1 mi
Pop: 0
07739
1.7 mi
Pop: 6,096
$220,746
Walk: 10.8
07724
2.2 mi
Pop: 23,830
$99,170
Walk: 11.2
07701
2.8 mi
Pop: 24,544
$113,630
Walk: 11.7
07704
2.8 mi
Pop: 6,182
$237,132
Walk: 13.0
07757
2.8 mi
Pop: 6,130
$156,196
Walk: 10.3
07764
3.7 mi
Pop: 8,576
$123,661
Walk: 12.5
07760
4.8 mi
Pop: 9,557
$217,545
Walk: 9.7
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