Solar Installers Market: ZIP 98047
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98047 is an urban area with moderate foot traffic. with a population of 6,900 and household incomes well above the national median ($102,723). There are 5 solar installers operations in ZIP 98047.
Area Profile
6,900
Population
$102,723
Median Income
+38% vs. national
Urban
Area Type
10.2/20
Foot Traffic
Walkable
Median Age: 36.6 —
mixed-age market, broad menu appeal.
College-Educated: 11.7% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 98047.
5
Solar Installers
Low competition — room to establish
7.2 per 10K residents
3
Roofing Contractors
4.3 per 10K residents
What this means:
Solar Installers are 62.5% of the relevant market in ZIP 98047 (5 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$1,728
Median Gross Rent
$430 K
Median Home Value
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Solar Installers
- 5
- Related Businesses
- 3
vs. National Average
Median Income
+38% vs. $74,580
Walkability
-0.3 pts vs. national avg
Nearby Markets
98390
3.5 mi
Pop: 11,497
$97,815
Walk: 9.0
98001
3.7 mi
Pop: 36,041
$107,218
Walk: 8.8
98372
3.8 mi
Pop: 26,662
$100,316
Walk: 11.4
98002
4.0 mi
Pop: 37,284
$77,714
Walk: 13.8
98354
4.8 mi
Pop: 8,432
$90,361
Walk: 11.8
98003
5.6 mi
Pop: 52,210
$70,800
Walk: 14.0
98371
6.5 mi
Pop: 23,989
$97,290
Walk: 12.2
98424
7.6 mi
Pop: 11,871
$93,633
Walk: 9.8
Check Another Market
Or estimate costs with the SolarBreakeven calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits