Solar Panel Costs Near Mchenry, IL (60050)
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60050 is an urban area. with a population of 31,870 and household incomes above the national median ($86,315). There are 14 solar installers operations in ZIP 60050.
Area Profile
31,870
Population
$86,315
Median Income
+16% vs. national
Urban
Area Type
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 18.2% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 60050.
14
Solar Installers
Moderate — proven market
4.4 per 10K residents
5
Roofing Contractors
1.6 per 10K residents
What this means:
Solar Installers are 73.7% of the relevant market in ZIP 60050 (14 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,522
Median Gross Rent
$240 K
Median Home Value
8
Bank Branches
$1.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 14
- Related Businesses
- 5
- Bank Branches
- 8
vs. National Average
Median Income
+16% 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