Solar Panel Costs Near Faribault, MN (55021)
Opportunity Score
67
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55021 is an suburban area. with a population of 30,860 and household incomes near the national median ($70,296). There are 14 solar installers operations in ZIP 55021.
Area Profile
30,860
Population
$70,296
Median Income
-6% vs. national
Suburban
Area Type
Median Age: 40.4 —
older demographic, may prefer sit-down options.
College-Educated: 14.1% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 55021.
14
Solar Installers
Moderate — proven market
4.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,044
Median Gross Rent
$270 K
Median Home Value
7
Bank Branches
$820 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Solar Installers
- 14
- Bank Branches
- 7
vs. National Average
Median Income
-6% 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