Solar Panel Costs Near Redmond, WA (98053)
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98053 is an urban area. with a population of 22,838 and household incomes well above the national median ($179,912). There are 5 solar installers operations in ZIP 98053.
Area Profile
22,838
Population
$179,912
Median Income
+141% vs. national
Urban
Area Type
Median Age: 43.9 —
older demographic, may prefer sit-down options.
College-Educated: 51.4% —
strong appetite for artisan/specialty food.
Competition
Solar Installers and related businesses in ZIP 98053.
5
Solar Installers
Low competition — room to establish
2.2 per 10K residents
4
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 55.6% of the relevant market in ZIP 98053 (5 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,737
Median Gross Rent
$1.2 M
Median Home Value
2
Bank Branches
$220 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Solar Installers
- 5
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+141% vs. $74,580
Nearby Markets
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