Solar Panel Costs Near Springfield, IL (62702)
Opportunity Score
56
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 62702 is an urban area. with a population of 31,251 and household incomes near the national median ($52,748). There are 11 solar installers operations in ZIP 62702.
Area Profile
31,251
Population
$52,748
Median Income
-29% vs. national
Urban
Area Type
Median Age: 39.5 —
mixed-age market, broad menu appeal.
College-Educated: 13.8% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 62702.
11
Solar Installers
Moderate — proven market
3.5 per 10K residents
4
Roofing Contractors
1.3 per 10K residents
What this means:
Solar Installers are 73.3% of the relevant market in ZIP 62702 (11 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$858
Median Gross Rent
$100 K
Median Home Value
11
Bank Branches
$570 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 11
- Related Businesses
- 4
- Bank Branches
- 11
vs. National Average
Median Income
-29% 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