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Home ZIP 98022

New Car Dealers Market: ZIP 98022

Opportunity Score
64 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98022 is an urban area with low foot traffic. with a population of 22,135 and household incomes well above the national median ($116,613). There are 4 new car dealers operations in ZIP 98022.

Area Profile

22,135
Population
$116,613
Median Income
+56% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 — older demographic, may prefer sit-down options.
College-Educated: 20.9% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 98022.

4
New Car Dealers
Low competition — room to establish
1.8 per 10K residents
3
Gas Stations
1.4 per 10K residents
What this means: New Car Dealers are 57.1% of the relevant market in ZIP 98022 (4 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
$1,626
Median Gross Rent
$580 K
Median Home Value
5
Bank Branches
$430 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
New Car Dealers
4
Related Businesses
3
Bank Branches
5

vs. National Average

Median Income
+56% vs. $74,580
Walkability
-1.5 pts vs. national avg

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Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits