New Car Dealers Market: ZIP 98225
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98225 is an urban area with moderate foot traffic. with a population of 50,355 and household incomes near the national median ($62,220).
Area Profile
50,355
Population
$62,220
Median Income
-17% vs. national
Urban
Area Type
10.1/20
Foot Traffic
Walkable
Median Age: 32.0 —
mixed-age market, broad menu appeal.
College-Educated: 29.5% —
balanced market for quality & value.
Competition
New Car Dealers and related businesses in ZIP 98225.
14
Gas Stations
2.8 per 10K residents
5
Used Car Dealers
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,620
2BR Fair Market Rent
$1,430
Median Gross Rent
$590 K
Median Home Value
14
Bank Branches
$1.7 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
- 19
- Bank Branches
- 14
vs. National Average
Median Income
-17% vs. $74,580
Walkability
-0.4 pts vs. national avg
Nearby Markets
98226
5.8 mi
Pop: 45,739
$79,684
Walk: 6.9
98229
8.3 mi
Pop: 33,919
$90,068
Walk: 8.0
98248
10.9 mi
Pop: 28,061
$88,566
98262
12.8 mi
Pop: 1,020
$76,528
Walk: 5.2
98264
13.7 mi
Pop: 22,365
$95,225
Walk: 7.3
98232
14.9 mi
Pop: 3,938
$99,728
98240
15.3 mi
Pop: 3,208
$106,256
98247
16.4 mi
Pop: 8,924
$84,300
Walk: 4.2
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