Solar Panel Costs Near Elk River, MN (55330)
Opportunity Score
96
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55330 is an urban area. with a population of 45,080 and household incomes well above the national median ($111,481). There are 24 solar installers operations in ZIP 55330.
Area Profile
45,080
Population
$111,481
Median Income
+49% vs. national
Urban
Area Type
Median Age: 37.7 —
mixed-age market, broad menu appeal.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 55330.
24
Solar Installers
Competitive — differentiation needed
5.3 per 10K residents
8
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 75.0% of the relevant market in ZIP 55330 (24 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,356
Median Gross Rent
$360 K
Median Home Value
11
Bank Branches
$1.2 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 24
- Related Businesses
- 8
- Bank Branches
- 11
vs. National Average
Median Income
+49% 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