Solar Installers Market: ZIP 48150
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48150 is an urban area with low foot traffic. with a population of 26,749 and household incomes above the national median ($94,058). There are 14 solar installers operations in ZIP 48150.
Area Profile
26,749
Population
$94,058
Median Income
+26% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 40.3 —
older demographic, may prefer sit-down options.
College-Educated: 26.1% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 48150.
14
Solar Installers
Moderate — proven market
5.2 per 10K residents
6
Roofing Contractors
2.2 per 10K residents
What this means:
Solar Installers are 70.0% of the relevant market in ZIP 48150 (14 vs. 6 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,328
Median Gross Rent
$230 K
Median Home Value
6
Bank Branches
$730 K deposits
Tips for Starting a Solar Business in Michigan
- 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
- Car-Dependent
- Solar Installers
- 14
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+26% vs. $74,580
Walkability
-2.2 pts vs. national avg
Nearby Markets
48154
1.9 mi
Pop: 36,915
$103,763
Walk: 7.9
48185
2.7 mi
Pop: 48,364
$59,085
Walk: 7.9
48152
3.7 mi
Pop: 30,394
$89,019
Walk: 7.7
48135
4.1 mi
Pop: 26,910
$64,396
Walk: 8.4
48186
5.4 mi
Pop: 35,791
$67,203
Walk: 7.4
48239
6.2 mi
Pop: 37,039
$69,373
Walk: 9.9
48240
6.4 mi
Pop: 17,097
$57,970
Walk: 8.9
48141
6.6 mi
Pop: 25,602
$39,632
Walk: 6.9
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