New Car Dealers Market: ZIP 98059
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98059 is an urban area with moderate foot traffic. with a population of 41,639 and household incomes well above the national median ($134,336).
Area Profile
41,639
Population
$134,336
Median Income
+80% vs. national
Urban
Area Type
11.3/20
Foot Traffic
Walkable
Median Age: 38.2 —
mixed-age market, broad menu appeal.
College-Educated: 34.4% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 98059.
4
Gas Stations
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,860
2BR Fair Market Rent
$2,230
Median Gross Rent
$810 K
Median Home Value
7
Bank Branches
$940 K deposits
Tips for Starting a Ev Vs Gas Business in Washington
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
- The median income here is $134,336. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 4
- Bank Branches
- 7
vs. National Average
Median Income
+80% vs. $74,580
Walkability
+0.8 pts vs. national avg
Nearby Markets
98058
3.7 mi
Pop: 41,980
$111,045
Walk: 9.5
98056
4.2 mi
Pop: 36,872
$108,596
98006
4.3 mi
Pop: 40,770
$197,344
Walk: 13.1
98055
5.8 mi
Pop: 24,851
$100,207
Walk: 11.5
98057
6.3 mi
Pop: 12,151
$68,097
98031
7.4 mi
Pop: 40,898
$101,458
Walk: 12.4
98008
7.8 mi
Pop: 27,138
$175,242
Walk: 13.5
98178
7.9 mi
Pop: 25,929
$93,786
Walk: 13.8
Check Another Market
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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