Solar Panel Costs Near Madison, NJ (07940)
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 07940 is an urban area. with a population of 17,675 and household incomes well above the national median ($168,520). There are 5 solar installers operations in ZIP 07940.
Area Profile
17,675
Population
$168,520
Median Income
+126% vs. national
Urban
Area Type
Median Age: 35.2 —
mixed-age market, broad menu appeal.
College-Educated: 41.9% —
strong appetite for artisan/specialty food.
Competition
Solar Installers and related businesses in ZIP 07940.
5
Solar Installers
Low competition — room to establish
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,248
Median Gross Rent
$880 K
Median Home Value
8
Bank Branches
$1.3 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 5
- Bank Branches
- 8
vs. National Average
Median Income
+126% 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