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Solar Installers Market: ZIP 60416

Opportunity Score
53 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 60416 is an urban area. with a population of 9,277 and household incomes near the national median ($71,865). There are 3 solar installers operations in ZIP 60416.

Area Profile

9,277
Population
$71,865
Median Income
-4% vs. national
Urban
Area Type
Median Age: 40.8 — older demographic, may prefer sit-down options.
College-Educated: 13.4% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 60416.

3
Solar Installers
Low competition — room to establish
3.2 per 10K residents

Operating Costs

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

$1,460
2BR Fair Market Rent
$1,074
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$290 K deposits

Data sources

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