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Solar Installers Market: ZIP 08050

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 08050 is an urban area with low foot traffic. with a population of 27,599 and household incomes well above the national median ($115,456). There are 16 solar installers operations in ZIP 08050.

Area Profile

27,599
Population
$115,456
Median Income
+55% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 46.6 — older demographic, may prefer sit-down options.
College-Educated: 29.5% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 08050.

16
Solar Installers
Moderate — proven market
5.8 per 10K residents
3
Roofing Contractors
1.1 per 10K residents
What this means: Solar Installers are 84.2% of the relevant market in ZIP 08050 (16 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,190
2BR Fair Market Rent
$1,756
Median Gross Rent
$380 K
Median Home Value
9
Bank Branches
$1.6 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Solar Installers
16
Related Businesses
3
Bank Branches
9

vs. National Average

Median Income
+55% vs. $74,580
Walkability
-1.9 pts vs. national avg

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