Solar Panel Costs Near Memphis, TN (38134)
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 38134 is an urban area. with a population of 42,500 and household incomes near the national median ($61,172). There are 18 solar installers operations in ZIP 38134.
Area Profile
42,500
Population
$61,172
Median Income
-18% vs. national
Urban
Area Type
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 13.6% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 38134.
18
Solar Installers
Moderate — proven market
4.2 per 10K residents
11
Roofing Contractors
2.6 per 10K residents
What this means:
Solar Installers are 62.1% of the relevant market in ZIP 38134 (18 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,147
Median Gross Rent
$180 K
Median Home Value
11
Bank Branches
$1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 18
- Related Businesses
- 11
- Bank Branches
- 11
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