Solar Installers Market: ZIP 47464
Opportunity Score
21
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47464 is an urban area with low foot traffic. with a population of 316 and household incomes near the national median ($61,382).
Area Profile
316
Population
$61,382
Median Income
-18% vs. national
Urban
Area Type
4.3/20
Foot Traffic
Very Car-Dependent
Median Age: 41.2 —
older demographic, may prefer sit-down options.
College-Educated: 8.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$709
Median Gross Rent
$120 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
-18% vs. $74,580
Walkability
-6.2 pts vs. national avg
Nearby Markets
47429
3.0 mi
Pop: 7,402
$88,625
Walk: 6.2
47433
3.9 mi
Pop: 3,722
$57,224
Walk: 4.9
47404
6.9 mi
Pop: 23,614
$54,674
Walk: 12.1
46166
9.7 mi
Pop: 2,819
$82,528
47460
10.0 mi
Pop: 11,395
$67,688
Walk: 6.4
47456
11.8 mi
Pop: 1,305
$67,719
Walk: 4.9
47405
12.7 mi
Pop: 1,249
47406
12.7 mi
Pop: 8,356
Walk: 15.0
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