Solar Panel Costs Near Richmond, VA (23234)
Opportunity Score
51
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 23234 is an urban area. with a population of 46,284 and household incomes near the national median ($63,630). There are 4 solar installers operations in ZIP 23234.
Area Profile
46,284
Population
$63,630
Median Income
-15% vs. national
Urban
Area Type
Median Age: 35.4 —
mixed-age market, broad menu appeal.
College-Educated: 13.2% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 23234.
4
Solar Installers
Low competition — room to establish
0.9 per 10K residents
10
Roofing Contractors
2.2 per 10K residents
What this means:
Solar Installers are 28.6% of the relevant market in ZIP 23234 (4 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,321
Median Gross Rent
$240 K
Median Home Value
3
Bank Branches
$300 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 4
- Related Businesses
- 10
- Bank Branches
- 3
vs. National Average
Median Income
-15% 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