SolarBreakeven
Showing results for ZIP 60631 (IL)
Home ZIP 31601

Solar Installers Market: ZIP 31601

Opportunity Score
55 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 31601 is an urban area with low foot traffic. with a population of 31,495 and household incomes below the national median ($34,846). There are 18 solar installers operations in ZIP 31601.

Area Profile

31,495
Population
$34,846
Median Income
-53% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 32.0 — mixed-age market, broad menu appeal.
College-Educated: 8.8% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 31601.

18
Solar Installers
Moderate — proven market
5.7 per 10K residents
4
Roofing Contractors
1.3 per 10K residents
What this means: Solar Installers are 81.8% of the relevant market in ZIP 31601 (18 vs. 4 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,050
2BR Fair Market Rent
$872
Median Gross Rent
$110 K
Median Home Value
5
Bank Branches
$120 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Solar Installers
18
Related Businesses
4
Bank Branches
5

vs. National Average

Median Income
-53% vs. $74,580
Walkability
-2.0 pts vs. national avg

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