Solar Installers Market: ZIP 62203
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62203 is an urban area with moderate foot traffic. with a population of 5,539 and household incomes below the national median ($41,134).
Area Profile
5,539
Population
$41,134
Median Income
-45% vs. national
Urban
Area Type
12.7/20
Foot Traffic
Walkable
Median Age: 45.3 —
older demographic, may prefer sit-down options.
College-Educated: 13.2% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,180
2BR Fair Market Rent
$970
Median Gross Rent
$73 K
Median Home Value
1
Bank Branches
$31 K 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 $41,134. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-45% vs. $74,580
Walkability
+2.2 pts vs. national avg
Nearby Markets
62204
2.4 mi
Pop: 4,824
$36,789
Walk: 12.0
62205
2.9 mi
Pop: 5,760
$41,059
Walk: 12.1
62207
3.6 mi
Pop: 6,801
$29,184
Walk: 12.2
62223
4.7 mi
Pop: 16,269
$69,620
Walk: 10.5
62208
4.9 mi
Pop: 16,653
$78,423
Walk: 13.0
62201
5.0 mi
Pop: 5,017
$21,658
Walk: 6.4
62232
5.3 mi
Pop: 7,480
$64,268
Walk: 10.6
62206
6.9 mi
Pop: 13,155
$39,520
Walk: 11.2
Check Another Market
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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