Solar Installers Market: ZIP 98201
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98201 is an urban area with high foot traffic. with a population of 31,212 and household incomes near the national median ($73,822). There are 14 solar installers operations in ZIP 98201.
Area Profile
31,212
Population
$73,822
Median Income
-1% vs. national
Urban
Area Type
15.3/20
Foot Traffic
Very Walkable
Median Age: 39.7 —
mixed-age market, broad menu appeal.
College-Educated: 21.9% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 98201.
14
Solar Installers
Moderate — proven market
4.5 per 10K residents
4
Roofing Contractors
1.3 per 10K residents
What this means:
Solar Installers are 77.8% of the relevant market in ZIP 98201 (14 vs. 4 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
$1,443
Median Gross Rent
$480 K
Median Home Value
14
Bank Branches
$1.4 M deposits
Tips for Starting a Solar Business in Washington
- The federal Investment Tax Credit (ITC) is the single biggest factor in your customers' buying decisions. Know the current rate and expiration timeline cold.
- Become a certified installer for at least two major panel manufacturers. Certification unlocks better wholesale pricing and warranty terms.
- Permitting and interconnection timelines vary wildly by utility. In some territories it takes 2 weeks. In others, 6 months. Map this before you set customer expectations.
- Roof condition kills more solar deals than price objections. Partner with a roofer or learn to assess roof life remaining.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Solar Installers
- 14
- Related Businesses
- 4
- Bank Branches
- 14
vs. National Average
Median Income
-1% vs. $74,580
Walkability
+4.8 pts vs. national avg
Nearby Markets
98207
2.7 mi
Pop: 958
Walk: 14.4
98203
4.9 mi
Pop: 35,356
$101,505
Walk: 13.7
98270
5.1 mi
Pop: 53,744
$102,258
Walk: 11.4
98208
6.5 mi
Pop: 60,616
$102,546
Walk: 11.9
98271
7.5 mi
Pop: 30,561
$97,547
Walk: 9.6
98258
7.7 mi
Pop: 52,005
$120,571
Walk: 9.3
98204
8.0 mi
Pop: 43,961
$66,592
Walk: 13.7
98275
10.3 mi
Pop: 21,312
$122,612
Walk: 11.5
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