Solar Panel Costs Near Minneapolis, MN (55407)
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55407 is an urban area. with a population of 36,992 and household incomes above the national median ($78,206). There are 4 solar installers operations in ZIP 55407.
Area Profile
36,992
Population
$78,206
Median Income
+5% vs. national
Urban
Area Type
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 33.5% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 55407.
4
Solar Installers
Low competition — room to establish
1.1 per 10K residents
7
Roofing Contractors
1.9 per 10K residents
What this means:
Solar Installers are 36.4% of the relevant market in ZIP 55407 (4 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,219
Median Gross Rent
$320 K
Median Home Value
4
Bank Branches
$350 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 4
- Related Businesses
- 7
- Bank Branches
- 4
vs. National Average
Median Income
+5% 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