SolarBreakeven
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Home New Mexico ZIP 87123

Solar Panel Costs Near Albuquerque, NM (87123)

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 87123 is an urban area. with a population of 43,515 and household incomes near the national median ($61,552). There are 11 solar installers operations in ZIP 87123.

Area Profile

43,515
Population
$61,552
Median Income
-17% vs. national
Urban
Area Type
Median Age: 40.1 — older demographic, may prefer sit-down options.
College-Educated: 23.6% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 87123.

11
Solar Installers
Moderate — proven market
2.5 per 10K residents
5
Roofing Contractors
1.1 per 10K residents
What this means: Solar Installers are 68.8% of the relevant market in ZIP 87123 (11 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$995
Median Gross Rent
$240 K
Median Home Value
5
Bank Branches
$310 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