Solar Installers Market: ZIP 98531
Opportunity Score
49
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98531 is an suburban area with low foot traffic. with a population of 27,356 and household incomes near the national median ($61,963). There are 5 solar installers operations in ZIP 98531.
Area Profile
27,356
Population
$61,963
Median Income
-17% vs. national
Suburban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Competition
Solar Installers and related businesses in ZIP 98531.
5
Solar Installers
Low competition — room to establish
1.8 per 10K residents
5
Roofing Contractors
1.8 per 10K residents
What this means:
Solar Installers are 50.0% of the relevant market in ZIP 98531 (5 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,630
2BR Fair Market Rent
$1,068
Median Gross Rent
$290 K
Median Home Value
5
Bank Branches
$350 K deposits
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- Solar Installers
- 5
- Related Businesses
- 5
- Bank Branches
- 5
vs. National Average
Median Income
-17% vs. $74,580
Walkability
-2.4 pts vs. national avg
Nearby Markets
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