Solar Panel Costs Near Ottawa, IL (61350)
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61350 is an suburban area. with a population of 23,999 and household incomes above the national median ($77,562). There are 3 solar installers operations in ZIP 61350.
Area Profile
23,999
Population
$77,562
Median Income
+4% vs. national
Suburban
Area Type
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 15.2% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 61350.
3
Solar Installers
Low competition — room to establish
1.3 per 10K residents
4
Roofing Contractors
1.7 per 10K residents
What this means:
Solar Installers are 42.9% of the relevant market in ZIP 61350 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$940
Median Gross Rent
$160 K
Median Home Value
10
Bank Branches
$1.1 M deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Suburban
- Solar Installers
- 3
- Related Businesses
- 4
- Bank Branches
- 10
vs. National Average
Median Income
+4% 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