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Solar Installers Market: ZIP 60118

Opportunity Score
66 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60118 is an urban area with low foot traffic. with a population of 15,692 and household incomes well above the national median ($104,572). There are 8 solar installers operations in ZIP 60118.

Area Profile

15,692
Population
$104,572
Median Income
+40% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 41.9 — older demographic, may prefer sit-down options.
College-Educated: 31.6% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 60118.

8
Solar Installers
Moderate — proven market
5.1 per 10K residents
3
Roofing Contractors
1.9 per 10K residents
What this means: Solar Installers are 72.7% of the relevant market in ZIP 60118 (8 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,750
2BR Fair Market Rent
$1,532
Median Gross Rent
$340 K
Median Home Value
4
Bank Branches
$480 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Solar Installers
8
Related Businesses
3
Bank Branches
4

vs. National Average

Median Income
+40% vs. $74,580
Walkability
-0.6 pts vs. national avg

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