Solar Panel Costs Near Springfield, OH (45502)
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 45502 is an urban area. with a population of 17,076 and household incomes above the national median ($87,378). There are 4 solar installers operations in ZIP 45502.
Area Profile
17,076
Population
$87,378
Median Income
+17% vs. national
Urban
Area Type
Median Age: 46.7 —
older demographic, may prefer sit-down options.
College-Educated: 16.4% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 45502.
4
Solar Installers
Low competition — room to establish
2.3 per 10K residents
3
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 57.1% of the relevant market in ZIP 45502 (4 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$886
Median Gross Rent
$230 K
Median Home Value
4
Bank Branches
$410 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 4
- Related Businesses
- 3
- Bank Branches
- 4
vs. National Average
Median Income
+17% 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