Solar Installers Market: ZIP 07720
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07720 is an urban area. with a population of 4,147 and household incomes above the national median ($94,722).
Area Profile
4,147
Population
$94,722
Median Income
+27% vs. national
Urban
Area Type
Median Age: 41.4 —
older demographic, may prefer sit-down options.
College-Educated: 54.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,010
2BR Fair Market Rent
$1,710
Median Gross Rent
$860 K
Median Home Value
3
Bank Branches
$260 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
- Bank Branches
- 3
vs. National Average
Median Income
+27% vs. $74,580
Nearby Markets
07717
0.7 mi
Pop: 1,801
$109,113
Walk: 15.4
07756
0.8 mi
Pop: 3,033
$74,410
07711
2.5 mi
Pop: 1,820
$125,938
07723
3.4 mi
Pop: 815
$86,563
Walk: 13.4
07762
3.6 mi
Pop: 8,205
$103,947
Walk: 15.6
07755
4.3 mi
Pop: 6,150
$133,299
Walk: 11.6
07712
4.3 mi
Pop: 39,597
$95,691
Walk: 12.6
07753
4.4 mi
Pop: 37,208
$92,824
Walk: 11.6
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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