Solar Panel Costs Near Minneapolis, MN (55418)
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55418 is an urban area. with a population of 31,295 and household incomes above the national median ($95,630). There are 3 solar installers operations in ZIP 55418.
Area Profile
31,295
Population
$95,630
Median Income
+28% vs. national
Urban
Area Type
Median Age: 37.5 —
mixed-age market, broad menu appeal.
College-Educated: 38.4% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 55418.
3
Solar Installers
Low competition — room to establish
1.0 per 10K residents
7
Roofing Contractors
2.2 per 10K residents
What this means:
Solar Installers are 30.0% of the relevant market in ZIP 55418 (3 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,349
Median Gross Rent
$330 K
Median Home Value
3
Bank Branches
$650 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Related Businesses
- 7
- Bank Branches
- 3
vs. National Average
Median Income
+28% 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