Solar Installers Market: ZIP 46227
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 46227 is an urban area with moderate foot traffic. with a population of 57,164 and household incomes near the national median ($50,993). There are 3 solar installers operations in ZIP 46227.
Area Profile
57,164
Population
$50,993
Median Income
-32% vs. national
Urban
Area Type
11.7/20
Foot Traffic
Walkable
Median Age: 32.7 —
mixed-age market, broad menu appeal.
College-Educated: 13.5% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 46227.
3
Solar Installers
Low competition — room to establish
0.5 per 10K residents
8
Roofing Contractors
1.4 per 10K residents
What this means:
Solar Installers are 27.3% of the relevant market in ZIP 46227 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$994
Median Gross Rent
$190 K
Median Home Value
14
Bank Branches
$1.1 M deposits
Tips for Starting a Solar Business in Indiana
- The federal Investment Tax Credit (ITC) is the single biggest factor in your customers' buying decisions. Know the current rate and expiration timeline cold.
- Become a certified installer for at least two major panel manufacturers. Certification unlocks better wholesale pricing and warranty terms.
- Permitting and interconnection timelines vary wildly by utility. In some territories it takes 2 weeks. In others, 6 months. Map this before you set customer expectations.
- Roof condition kills more solar deals than price objections. Partner with a roofer or learn to assess roof life remaining.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 3
- Related Businesses
- 8
- Bank Branches
- 14
vs. National Average
Median Income
-32% vs. $74,580
Walkability
+1.2 pts vs. national avg
Nearby Markets
46107
4.0 mi
Pop: 13,021
$57,377
Walk: 14.3
46237
4.0 mi
Pop: 42,747
$76,676
Walk: 9.1
46217
4.1 mi
Pop: 38,659
$88,326
46142
4.7 mi
Pop: 35,368
$85,611
Walk: 7.4
46203
5.0 mi
Pop: 37,297
$55,375
Walk: 13.6
46225
5.0 mi
Pop: 5,535
$47,917
Walk: 14.0
46143
5.6 mi
Pop: 58,238
$89,401
Walk: 9.1
46206
6.2 mi
Pop: 0
Check Another Market
Or estimate costs with the SolarBreakeven calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits