Solar Installers Market: ZIP 08234
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08234 is an urban area with low foot traffic. with a population of 46,856 and household incomes above the national median ($96,604). There are 9 solar installers operations in ZIP 08234.
Area Profile
46,856
Population
$96,604
Median Income
+30% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 41.1 —
older demographic, may prefer sit-down options.
College-Educated: 24.1% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 08234.
9
Solar Installers
Moderate — proven market
1.9 per 10K residents
5
Roofing Contractors
1.1 per 10K residents
What this means:
Solar Installers are 64.3% of the relevant market in ZIP 08234 (9 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,466
Median Gross Rent
$290 K
Median Home Value
5
Bank Branches
$1.3 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Solar Installers
- 9
- Related Businesses
- 5
- Bank Branches
- 5
vs. National Average
Median Income
+30% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
08221
5.1 mi
Pop: 6,954
$135,904
Walk: 14.6
08244
5.3 mi
Pop: 10,611
$67,500
Walk: 14.2
08225
6.2 mi
Pop: 8,427
$104,042
Walk: 15.0
08403
7.2 mi
Pop: 1,012
$103,295
Walk: 13.6
08232
7.3 mi
Pop: 20,200
$52,476
Walk: 14.7
08223
8.6 mi
Pop: 4,063
$100,000
08226
8.6 mi
Pop: 11,260
$101,782
Walk: 12.7
08201
9.1 mi
Pop: 10,067
$72,120
Walk: 12.8
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