Solar Panel Costs Near Memphis, TN (38119)
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38119 is an urban area. with a population of 22,332 and household incomes above the national median ($86,325). There are 3 solar installers operations in ZIP 38119.
Area Profile
22,332
Population
$86,325
Median Income
+16% vs. national
Urban
Area Type
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 39.9% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 38119.
3
Solar Installers
Low competition — room to establish
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,336
Median Gross Rent
$280 K
Median Home Value
19
Bank Branches
$3.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Bank Branches
- 19
vs. National Average
Median Income
+16% 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