New Car Dealers Market: ZIP 98296
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98296 is an urban area with low foot traffic. with a population of 27,201 and household incomes well above the national median ($172,468).
Area Profile
27,201
Population
$172,468
Median Income
+131% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 41.8 —
older demographic, may prefer sit-down options.
College-Educated: 33.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,110
2BR Fair Market Rent
$2,325
Median Gross Rent
$870 K
Median Home Value
2
Bank Branches
$170 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 $172,468. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+131% vs. $74,580
Walkability
-3.5 pts vs. national avg
Nearby Markets
98072
5.9 mi
Pop: 24,922
$174,599
Walk: 11.1
98077
6.7 mi
Pop: 14,407
$179,625
Walk: 7.1
98012
6.8 mi
Pop: 76,123
$141,653
Walk: 11.5
98208
7.2 mi
Pop: 60,616
$102,546
Walk: 11.9
98021
8.1 mi
Pop: 35,445
$172,559
Walk: 7.9
98011
8.9 mi
Pop: 28,250
$127,445
Walk: 12.4
98052
11.0 mi
Pop: 79,074
$164,848
Walk: 12.5
98204
11.5 mi
Pop: 43,961
$66,592
Walk: 13.7
Check Another Market
Or estimate costs with the EVGasCompare calculator.
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