Solar Panel Costs Near Elgin, MN (55932)
Opportunity Score
48
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 55932 is an urban area. with a population of 2,080 and household incomes well above the national median ($102,727). There are 3 solar installers operations in ZIP 55932.
Area Profile
2,080
Population
$102,727
Median Income
+38% vs. national
Urban
Area Type
Median Age: 38.0 —
mixed-age market, broad menu appeal.
College-Educated: 21.8% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 55932.
3
Solar Installers
Low competition — room to establish
14.4 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$744
Median Gross Rent
$290 K
Median Home Value
1
Bank Branches
$37 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 3
- Bank Branches
- 1
vs. National Average
Median Income
+38% 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