Solar Installers Market: ZIP 08505
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08505 is an urban area with moderate foot traffic. with a population of 18,913 and household incomes well above the national median ($111,946). There are 5 solar installers operations in ZIP 08505.
Area Profile
18,913
Population
$111,946
Median Income
+50% vs. national
Urban
Area Type
10.7/20
Foot Traffic
Walkable
Median Age: 40.5 —
older demographic, may prefer sit-down options.
College-Educated: 30.2% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 08505.
5
Solar Installers
Low competition — room to establish
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,586
Median Gross Rent
$350 K
Median Home Value
7
Bank Branches
$880 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 5
- Bank Branches
- 7
vs. National Average
Median Income
+50% vs. $74,580
Walkability
+0.2 pts vs. national avg
Nearby Markets
08515
3.3 mi
Pop: 8,167
$193,783
Walk: 7.1
08611
4.0 mi
Pop: 32,786
$50,806
Walk: 15.1
08610
4.1 mi
Pop: 33,387
$87,159
Walk: 15.7
08620
4.5 mi
Pop: 11,949
$108,732
Walk: 8.1
08022
4.7 mi
Pop: 9,349
$118,558
08554
5.3 mi
Pop: 3,661
$84,458
Walk: 11.8
08629
6.1 mi
Pop: 13,015
$81,367
Walk: 14.8
08609
6.6 mi
Pop: 13,000
$56,932
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