Solar Installers Market: ZIP 55101
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55101 is an urban area. with a population of 7,937 and household incomes near the national median ($72,703).
Area Profile
7,937
Population
$72,703
Median Income
-3% vs. national
Urban
Area Type
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 47.3% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,030
2BR Fair Market Rent
$1,573
Median Gross Rent
$250 K
Median Home Value
4
Bank Branches
$49 M deposits
Tips for Starting a Solar Business in Minnesota
- 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
- Bank Branches
- 4
vs. National Average
Median Income
-3% vs. $74,580
Nearby Markets
55155
0.8 mi
Pop: 0
Walk: 13.9
55107
1.5 mi
Pop: 15,533
$78,125
Walk: 15.7
55130
1.6 mi
Pop: 18,634
$53,281
Walk: 14.3
55103
2.6 mi
Pop: 13,892
$47,872
Walk: 16.0
55102
2.7 mi
Pop: 19,565
$74,143
Walk: 16.7
55106
2.8 mi
Pop: 56,969
$68,601
Walk: 13.7
55117
3.7 mi
Pop: 44,095
$71,784
Walk: 13.7
55118
4.0 mi
Pop: 29,396
$85,229
Walk: 12.6
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