SolarBreakeven
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Home Minnesota ZIP 55331

Solar Panel Costs Near Excelsior, MN (55331)

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 55331 is an urban area. with a population of 19,291 and household incomes well above the national median ($160,029). There are 4 solar installers operations in ZIP 55331.

Area Profile

19,291
Population
$160,029
Median Income
+115% vs. national
Urban
Area Type
Median Age: 48.8 — older demographic, may prefer sit-down options.
College-Educated: 51.4% — strong appetite for artisan/specialty food.

Competition

Solar Installers and related businesses in ZIP 55331.

4
Solar Installers
Low competition — room to establish
2.1 per 10K residents
5
Roofing Contractors
2.6 per 10K residents
What this means: Solar Installers are 44.4% of the relevant market in ZIP 55331 (4 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,208
Median Gross Rent
$710 K
Median Home Value
7
Bank Branches
$740 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits