Solar Panel Costs Near Lexington, KY (40511)
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 40511 is an urban area. with a population of 36,101 and household incomes above the national median ($77,476). There are 9 solar installers operations in ZIP 40511.
Area Profile
36,101
Population
$77,476
Median Income
+4% vs. national
Urban
Area Type
Median Age: 36.4 —
mixed-age market, broad menu appeal.
College-Educated: 25.8% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 40511.
9
Solar Installers
Moderate — proven market
2.5 per 10K residents
3
Roofing Contractors
0.8 per 10K residents
What this means:
Solar Installers are 75.0% of the relevant market in ZIP 40511 (9 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,159
Median Gross Rent
$230 K
Median Home Value
8
Bank Branches
$310 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 9
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+4% 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