Solar Panel Costs Near Indianapolis, IN (46220)
Opportunity Score
77
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46220 is an urban area. with a population of 36,159 and household incomes well above the national median ($103,735). There are 13 solar installers operations in ZIP 46220.
Area Profile
36,159
Population
$103,735
Median Income
+39% vs. national
Urban
Area Type
Median Age: 34.9 —
mixed-age market, broad menu appeal.
College-Educated: 47.9% —
strong appetite for artisan/specialty food.
Competition
Solar Installers and related businesses in ZIP 46220.
13
Solar Installers
Moderate — proven market
3.6 per 10K residents
9
Roofing Contractors
2.5 per 10K residents
What this means:
Solar Installers are 59.1% of the relevant market in ZIP 46220 (13 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,330
Median Gross Rent
$330 K
Median Home Value
14
Bank Branches
$1.5 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 13
- Related Businesses
- 9
- Bank Branches
- 14
vs. National Average
Median Income
+39% 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