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Home ZIP 98188

New Car Dealers Market: ZIP 98188

Opportunity Score
72 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98188 is an urban area with moderate foot traffic. with a population of 26,769 and household incomes above the national median ($76,559).

Area Profile

26,769
Population
$76,559
Median Income
+3% vs. national
Urban
Area Type
13.0/20
Foot Traffic
Walkable
Median Age: 36.8 — mixed-age market, broad menu appeal.
College-Educated: 19.1% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 98188.

13
Gas Stations
4.9 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,390
2BR Fair Market Rent
$1,641
Median Gross Rent
$450 K
Median Home Value
8
Bank Branches
$1.1 M 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.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Related Businesses
13
Bank Branches
8

vs. National Average

Median Income
+3% vs. $74,580
Walkability
+2.5 pts vs. national avg

Check Another Market

Or estimate costs with the EVGasCompare calculator.

Data sources

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