Solar Installers Market: ZIP 47229
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47229 is an rural area. with a population of 2,971 and household incomes near the national median ($62,917).
Area Profile
2,971
Population
$62,917
Median Income
-16% vs. national
Rural
Area Type
Median Age: 39.8 —
mixed-age market, broad menu appeal.
College-Educated: 6.4% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$965
Median Gross Rent
$150 K
Median Home Value
1
Bank Branches
$37 K 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Bank Branches
- 1
vs. National Average
Median Income
-16% vs. $74,580
Nearby Markets
47102
5.9 mi
Pop: 6,647
$47,617
Walk: 6.5
47170
8.5 mi
Pop: 15,279
$57,661
Walk: 6.1
47270
10.0 mi
Pop: 543
$80,690
Walk: 3.2
47274
11.8 mi
Pop: 32,786
$72,186
Walk: 6.0
47220
14.0 mi
Pop: 6,070
$69,720
47227
15.1 mi
Pop: 1,425
$87,617
47177
15.8 mi
Pop: 1,960
$75,993
Walk: 4.2
47230
16.6 mi
Pop: 1,832
$76,964
Walk: 3.3
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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