Solar Panel Costs Near Lafayette, IN (47904)
Opportunity Score
44
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47904 is an urban area. with a population of 16,340 and household incomes below the national median ($46,841). There are 3 solar installers operations in ZIP 47904.
Area Profile
16,340
Population
$46,841
Median Income
-37% vs. national
Urban
Area Type
Median Age: 34.2 —
mixed-age market, broad menu appeal.
College-Educated: 12.6% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 47904.
3
Solar Installers
Low competition — room to establish
1.8 per 10K residents
3
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 50.0% of the relevant market in ZIP 47904 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$965
Median Gross Rent
$120 K
Median Home Value
2
Bank Branches
$97 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-37% 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