Solar Panel Costs Near Lafayette, IN (47905)
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 47905 is an urban area. with a population of 42,109 and household incomes near the national median ($63,115). There are 10 solar installers operations in ZIP 47905.
Area Profile
42,109
Population
$63,115
Median Income
-15% vs. national
Urban
Area Type
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 21.3% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 47905.
10
Solar Installers
Moderate — proven market
2.4 per 10K residents
5
Roofing Contractors
1.2 per 10K residents
What this means:
Solar Installers are 66.7% of the relevant market in ZIP 47905 (10 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,101
Median Gross Rent
$220 K
Median Home Value
15
Bank Branches
$1.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 10
- Related Businesses
- 5
- Bank Branches
- 15
vs. National Average
Median Income
-15% 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