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Home Michigan ZIP 48118

Solar Panel Costs Near Chelsea, MI (48118)

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 48118 is an urban area. with a population of 13,088 and household incomes above the national median ($87,934). There are 4 solar installers operations in ZIP 48118.

Area Profile

13,088
Population
$87,934
Median Income
+18% vs. national
Urban
Area Type
Median Age: 48.8 — older demographic, may prefer sit-down options.
College-Educated: 37.9% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 48118.

4
Solar Installers
Low competition — room to establish
3.1 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,576
Median Gross Rent
$350 K
Median Home Value
5
Bank Branches
$480 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits