Solar Panel Costs Near Richmond, IN (47374)
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47374 is an suburban area. with a population of 45,186 and household incomes near the national median ($52,566). There are 10 solar installers operations in ZIP 47374.
Area Profile
45,186
Population
$52,566
Median Income
-30% vs. national
Suburban
Area Type
Median Age: 40.6 —
older demographic, may prefer sit-down options.
College-Educated: 14.9% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 47374.
10
Solar Installers
Moderate — proven market
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$816
Median Gross Rent
$120 K
Median Home Value
15
Bank Branches
$2.9 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Solar Installers
- 10
- Bank Branches
- 15
vs. National Average
Median Income
-30% 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