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Home ZIP 98370

New Car Dealers Market: ZIP 98370

Opportunity Score
76 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98370 is an urban area with low foot traffic. with a population of 32,997 and household incomes well above the national median ($109,416).

Area Profile

32,997
Population
$109,416
Median Income
+47% vs. national
Urban
Area Type
8.1/20
Foot Traffic
Car-Dependent
Median Age: 45.0 — older demographic, may prefer sit-down options.
College-Educated: 33.1% — balanced market for quality & value.

Competition

New Car Dealers and related businesses in ZIP 98370.

6
Gas Stations
1.8 per 10K residents

Operating Costs

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

$2,230
2BR Fair Market Rent
$1,757
Median Gross Rent
$590 K
Median Home Value
11
Bank Branches
$920 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 $109,416. That gives you pricing room most markets don't offer. Don't underprice.

Quick Facts

Area Type
Urban
Foot Traffic
Car-Dependent
Related Businesses
6
Bank Branches
11

vs. National Average

Median Income
+47% vs. $74,580
Walkability
-2.4 pts vs. national avg

Check Another Market

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Data sources

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