Solar Installers Market: ZIP 47177
Opportunity Score
40
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47177 is an urban area with low foot traffic. with a population of 1,960 and household incomes above the national median ($75,993).
Area Profile
1,960
Population
$75,993
Median Income
+2% vs. national
Urban
Area Type
4.2/20
Foot Traffic
Very Car-Dependent
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 15.5% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$950
Median Gross Rent
$180 K
Median Home Value
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
- Very Car-Dependent
vs. National Average
Median Income
+2% vs. $74,580
Walkability
-6.3 pts vs. national avg
Nearby Markets
47126
3.1 mi
Pop: 4,146
$92,900
47170
7.5 mi
Pop: 15,279
$57,661
Walk: 6.1
47163
8.3 mi
Pop: 1,293
$62,717
Walk: 8.6
47143
8.4 mi
Pop: 3,775
$133,147
47102
11.4 mi
Pop: 6,647
$47,617
Walk: 6.5
47106
11.4 mi
Pop: 4,583
$87,431
47141
12.7 mi
Pop: 1,582
$97,868
47172
13.2 mi
Pop: 20,423
$80,525
Walk: 6.5
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