Solar Installers Market: ZIP 08104
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08104 is an urban area with moderate foot traffic. with a population of 21,508 and household incomes below the national median ($36,566).
Area Profile
21,508
Population
$36,566
Median Income
-51% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 33.4 —
mixed-age market, broad menu appeal.
College-Educated: 5.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,420
2BR Fair Market Rent
$1,105
Median Gross Rent
$88 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.
- Median income sits at $36,566. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
vs. National Average
Median Income
-51% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
08103
1.3 mi
Pop: 13,137
$37,563
Walk: 13.9
08107
1.9 mi
Pop: 13,699
$70,262
Walk: 15.1
08030
1.9 mi
Pop: 13,185
$66,190
Walk: 14.6
08059
2.5 mi
Pop: 5,616
$95,635
Walk: 14.0
08105
2.6 mi
Pop: 26,681
$48,319
Walk: 14.0
08102
2.6 mi
Pop: 8,090
$30,895
Walk: 15.8
19148
2.8 mi
Pop: 50,777
$80,469
Walk: 15.7
19106
3.0 mi
Pop: 14,421
$129,779
Check Another Market
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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