New Car Dealers Market: ZIP 98359
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98359 is an urban area with low foot traffic. with a population of 4,691 and household incomes above the national median ($97,335).
Area Profile
4,691
Population
$97,335
Median Income
+31% vs. national
Urban
Area Type
3.8/20
Foot Traffic
Very Car-Dependent
Median Age: 44.6 —
older demographic, may prefer sit-down options.
College-Educated: 23.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,850
2BR Fair Market Rent
$1,361
Median Gross Rent
$580 K
Median Home Value
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
- Very Car-Dependent
vs. National Average
Median Income
+31% vs. $74,580
Walkability
-6.8 pts vs. national avg
Nearby Markets
98332
4.3 mi
Pop: 19,784
$122,827
Walk: 4.5
98367
6.7 mi
Pop: 32,203
$105,846
Walk: 4.2
98070
7.2 mi
Pop: 10,424
$115,750
Walk: 7.7
98366
7.6 mi
Pop: 37,692
$88,807
Walk: 11.1
98353
9.3 mi
Pop: 0
98335
9.8 mi
Pop: 27,956
$130,304
Walk: 8.0
98337
10.0 mi
Pop: 7,872
$73,363
Walk: 15.0
98314
10.1 mi
Pop: 1,358
$179,464
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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