Solar Installers Market: ZIP 61602
Opportunity Score
12
/ 100
Challenging
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61602 is an urban area. with a population of 977 and household incomes below the national median ($17,273).
Area Profile
977
Population
$17,273
Median Income
-77% vs. national
Urban
Area Type
Median Age: 44.1 —
older demographic, may prefer sit-down options.
College-Educated: 31.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,160
2BR Fair Market Rent
$912
Median Gross Rent
$220 K
Median Home Value
4
Bank Branches
$1.5 M deposits
Tips for Starting a Solar Business in Illinois
- The federal Investment Tax Credit (ITC) is the single biggest factor in your customers' buying decisions. Know the current rate and expiration timeline cold.
- Become a certified installer for at least two major panel manufacturers. Certification unlocks better wholesale pricing and warranty terms.
- Permitting and interconnection timelines vary wildly by utility. In some territories it takes 2 weeks. In others, 6 months. Map this before you set customer expectations.
- Roof condition kills more solar deals than price objections. Partner with a roofer or learn to assess roof life remaining.
- Median income sits at $17,273. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 4
vs. National Average
Median Income
-77% vs. $74,580
Nearby Markets
61625
1.4 mi
Pop: 443
Walk: 15.2
61606
1.5 mi
Pop: 6,979
$41,023
Walk: 14.1
61605
1.9 mi
Pop: 13,538
$24,499
Walk: 13.1
61610
2.6 mi
Pop: 4,572
$49,853
61603
3.0 mi
Pop: 15,430
$40,405
Walk: 13.8
61604
3.7 mi
Pop: 27,502
$50,628
Walk: 13.0
61616
5.2 mi
Pop: 5,834
$62,083
Walk: 13.6
61611
5.4 mi
Pop: 23,698
$76,329
Walk: 8.2
Check Another Market
Or estimate costs with the SolarBreakeven calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits