SolarBreakeven
Showing results for ZIP 07405 (NJ)
Home ZIP 74008

Solar Installers Market: ZIP 74008

Opportunity Score
62 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 74008 is an urban area with low foot traffic. with a population of 32,433 and household incomes above the national median ($95,476). There are 9 solar installers operations in ZIP 74008.

Area Profile

32,433
Population
$95,476
Median Income
+28% vs. national
Urban
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 36.1 — mixed-age market, broad menu appeal.
College-Educated: 27.5% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 74008.

9
Solar Installers
Moderate — proven market
2.8 per 10K residents
7
Roofing Contractors
2.2 per 10K residents
What this means: Solar Installers are 56.3% of the relevant market in ZIP 74008 (9 vs. 7 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,400
2BR Fair Market Rent
$1,302
Median Gross Rent
$300 K
Median Home Value
6
Bank Branches
$590 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Solar Installers
9
Related Businesses
7
Bank Branches
6

vs. National Average

Median Income
+28% vs. $74,580
Walkability
-2.6 pts vs. national avg

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