Solar Panel Costs Near Raleigh, NC (27603)
Opportunity Score
87
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 27603 is an urban area. with a population of 53,835 and household incomes above the national median ($87,939). There are 28 solar installers operations in ZIP 27603.
Area Profile
53,835
Population
$87,939
Median Income
+18% vs. national
Urban
Area Type
Median Age: 34.8 —
mixed-age market, broad menu appeal.
College-Educated: 33.0% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 27603.
28
Solar Installers
Competitive — differentiation needed
5.2 per 10K residents
10
Roofing Contractors
1.9 per 10K residents
What this means:
Solar Installers are 73.7% of the relevant market in ZIP 27603 (28 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,496
Median Gross Rent
$350 K
Median Home Value
4
Bank Branches
$170 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 28
- Related Businesses
- 10
- Bank Branches
- 4
vs. National Average
Median Income
+18% 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