SolarBreakeven
Showing results for ZIP 49855 (MI)
Home New Mexico ZIP 87109

Solar Panel Costs Near Albuquerque, NM (87109)

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 87109 is an urban area. with a population of 39,323 and household incomes near the national median ($56,295). There are 26 solar installers operations in ZIP 87109.

Area Profile

39,323
Population
$56,295
Median Income
-25% vs. national
Urban
Area Type
Median Age: 42.7 — older demographic, may prefer sit-down options.
College-Educated: 31.2% — balanced market for quality & value.

Competition

Solar Installers and related businesses in ZIP 87109.

26
Solar Installers
Competitive — differentiation needed
6.6 per 10K residents
8
Roofing Contractors
2.0 per 10K residents
What this means: Solar Installers are 76.5% of the relevant market in ZIP 87109 (26 vs. 8 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,112
Median Gross Rent
$300 K
Median Home Value
19
Bank Branches
$3.3 M 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