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Home Indiana ZIP 47150

Solar Panel Costs Near New Albany, IN (47150)

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 47150 is an urban area. with a population of 49,606 and household incomes near the national median ($62,212). There are 10 solar installers operations in ZIP 47150.

Area Profile

49,606
Population
$62,212
Median Income
-17% vs. national
Urban
Area Type
Median Age: 39.1 — mixed-age market, broad menu appeal.
College-Educated: 18.6% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 47150.

10
Solar Installers
Moderate — proven market
2.0 per 10K residents
6
Roofing Contractors
1.2 per 10K residents
What this means: Solar Installers are 62.5% of the relevant market in ZIP 47150 (10 vs. 6 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$984
Median Gross Rent
$190 K
Median Home Value
18
Bank Branches
$3 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits