Solar Installers Market: ZIP 48116
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48116 is an urban area with low foot traffic. with a population of 27,817 and household incomes well above the national median ($109,606). There are 8 solar installers operations in ZIP 48116.
Area Profile
27,817
Population
$109,606
Median Income
+47% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 37.9% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 48116.
8
Solar Installers
Moderate — proven market
2.9 per 10K residents
5
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 61.5% of the relevant market in ZIP 48116 (8 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,229
Median Gross Rent
$360 K
Median Home Value
16
Bank Branches
$1.9 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Solar Installers
- 8
- Related Businesses
- 5
- Bank Branches
- 16
vs. National Average
Median Income
+47% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
48139
4.1 mi
Pop: 81
$65,298
48114
4.6 mi
Pop: 21,476
$118,581
Walk: 6.0
48143
5.9 mi
Pop: 145
48189
6.6 mi
Pop: 13,748
$82,433
Walk: 5.4
48380
9.5 mi
Pop: 7,501
$133,224
Walk: 6.0
48178
9.6 mi
Pop: 37,303
$130,781
Walk: 6.4
48353
10.7 mi
Pop: 6,850
$97,163
48843
10.9 mi
Pop: 46,902
$91,620
Walk: 5.2
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