New Car Dealers Market: ZIP 98270
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98270 is an urban area with moderate foot traffic. with a population of 53,744 and household incomes well above the national median ($102,258).
Area Profile
53,744
Population
$102,258
Median Income
+37% vs. national
Urban
Area Type
11.4/20
Foot Traffic
Walkable
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 15.8% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 98270.
5
Gas Stations
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$1,845
Median Gross Rent
$540 K
Median Home Value
11
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 $102,258. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 5
- Bank Branches
- 11
vs. National Average
Median Income
+37% vs. $74,580
Walkability
+0.9 pts vs. national avg
Nearby Markets
98258
4.8 mi
Pop: 52,005
$120,571
Walk: 9.3
98201
5.1 mi
Pop: 31,212
$73,822
Walk: 15.3
98271
6.7 mi
Pop: 30,561
$97,547
Walk: 9.6
98207
7.2 mi
Pop: 958
Walk: 14.4
98203
9.9 mi
Pop: 35,356
$101,505
Walk: 13.7
98208
11.1 mi
Pop: 60,616
$102,546
Walk: 11.9
98204
13.0 mi
Pop: 43,961
$66,592
Walk: 13.7
98290
13.6 mi
Pop: 39,732
$129,656
Walk: 7.3
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