Solar Installers Market: ZIP 07847
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07847 is an urban area. with a population of 1,769 and household incomes above the national median ($81,313).
Area Profile
1,769
Population
$81,313
Median Income
+9% vs. national
Urban
Area Type
Median Age: 42.7 —
older demographic, may prefer sit-down options.
College-Educated: 20.8% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,760
2BR Fair Market Rent
$2,068
Median Gross Rent
$340 K
Median Home Value
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
vs. National Average
Median Income
+9% vs. $74,580
Nearby Markets
07803
1.4 mi
Pop: 3,993
$113,861
Walk: 6.8
07885
2.1 mi
Pop: 11,864
$100,903
Walk: 9.3
07856
2.1 mi
Pop: 4,280
$98,397
07850
3.0 mi
Pop: 7,328
$101,765
07852
3.3 mi
Pop: 3,893
$90,924
Walk: 7.5
07876
3.5 mi
Pop: 9,667
$163,814
Walk: 6.8
07801
3.9 mi
Pop: 26,725
$78,053
Walk: 12.6
07869
4.3 mi
Pop: 25,919
$170,862
Walk: 8.0
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