SolarBreakeven
Showing results for ZIP 08046 (NJ)
Home ZIP 60005

Solar Installers Market: ZIP 60005

Opportunity Score
70 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60005 is an urban area with moderate foot traffic. with a population of 29,022 and household incomes well above the national median ($100,304). There are 12 solar installers operations in ZIP 60005.

Area Profile

29,022
Population
$100,304
Median Income
+34% vs. national
Urban
Area Type
10.6/20
Foot Traffic
Walkable
Median Age: 42.2 — older demographic, may prefer sit-down options.
College-Educated: 42.2% — strong appetite for artisan/specialty food.

Competition

Solar Installers and related businesses in ZIP 60005.

12
Solar Installers
Moderate — proven market
4.1 per 10K residents
7
Roofing Contractors
2.4 per 10K residents
What this means: Solar Installers are 63.2% of the relevant market in ZIP 60005 (12 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,890
2BR Fair Market Rent
$1,621
Median Gross Rent
$380 K
Median Home Value
8
Bank Branches
$1.9 M deposits

Data sources

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