Solar Installers Market: ZIP 48162
Opportunity Score
47
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 48162 is an urban area with low foot traffic. with a population of 28,275 and household incomes near the national median ($68,801). There are 3 solar installers operations in ZIP 48162.
Area Profile
28,275
Population
$68,801
Median Income
-8% vs. national
Urban
Area Type
6.7/20
Foot Traffic
Car-Dependent
Median Age: 42.8 —
older demographic, may prefer sit-down options.
College-Educated: 16.8% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 48162.
3
Solar Installers
Low competition — room to establish
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$912
Median Gross Rent
$190 K
Median Home Value
6
Bank Branches
$620 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
- 3
- Bank Branches
- 6
vs. National Average
Median Income
-8% vs. $74,580
Walkability
-3.8 pts vs. national avg
Nearby Markets
48161
4.7 mi
Pop: 26,556
$65,517
Walk: 7.1
48117
6.3 mi
Pop: 10,199
$76,600
48145
8.3 mi
Pop: 2,917
$80,357
48159
9.4 mi
Pop: 2,637
$69,191
48166
9.6 mi
Pop: 13,746
$70,923
Walk: 4.7
48157
10.0 mi
Pop: 1,204
$51,830
Walk: 5.8
48140
11.7 mi
Pop: 3,370
$108,333
48164
12.0 mi
Pop: 9,577
$111,173
Walk: 4.8
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