Solar Panel Costs Near Minneapolis, MN (55423)
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55423 is an urban area. with a population of 36,779 and household incomes above the national median ($84,102). There are 5 solar installers operations in ZIP 55423.
Area Profile
36,779
Population
$84,102
Median Income
+13% vs. national
Urban
Area Type
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 32.9% —
balanced market for quality & value.
Competition
Solar Installers and related businesses in ZIP 55423.
5
Solar Installers
Low competition — room to establish
1.4 per 10K residents
3
Roofing Contractors
0.8 per 10K residents
What this means:
Solar Installers are 62.5% of the relevant market in ZIP 55423 (5 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,334
Median Gross Rent
$320 K
Median Home Value
6
Bank Branches
$740 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 5
- Related Businesses
- 3
- Bank Branches
- 6
vs. National Average
Median Income
+13% 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