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Home Louisiana ZIP 70506

Solar Panel Costs Near Lafayette, LA (70506)

Opportunity Score
63 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 70506 is an urban area. with a population of 41,550 and household incomes near the national median ($55,553). There are 15 solar installers operations in ZIP 70506.

Area Profile

41,550
Population
$55,553
Median Income
-26% vs. national
Urban
Area Type
Median Age: 35.2 — mixed-age market, broad menu appeal.
College-Educated: 25.5% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 70506.

15
Solar Installers
Moderate — proven market
3.6 per 10K residents
5
Roofing Contractors
1.2 per 10K residents
What this means: Solar Installers are 75.0% of the relevant market in ZIP 70506 (15 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,024
Median Gross Rent
$220 K
Median Home Value
7
Bank Branches
$600 K deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

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