New Car Dealers Market: ZIP 98403
Opportunity Score
82
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98403 is an urban area. with a population of 8,586 and household incomes above the national median ($86,179).
Area Profile
8,586
Population
$86,179
Median Income
+16% vs. national
Urban
Area Type
Median Age: 38.4 —
mixed-age market, broad menu appeal.
College-Educated: 50.0% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,790
2BR Fair Market Rent
$1,414
Median Gross Rent
$740 K
Median Home Value
1
Bank Branches
$53 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.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+16% vs. $74,580
Nearby Markets
98402
1.3 mi
Pop: 7,500
$54,712
Walk: 18.2
98416
1.6 mi
Pop: 877
Walk: 15.2
98405
1.7 mi
Pop: 25,306
$80,024
Walk: 15.4
98418
3.1 mi
Pop: 10,475
$79,413
Walk: 14.4
98406
3.7 mi
Pop: 23,642
$104,761
Walk: 15.5
98409
3.8 mi
Pop: 27,298
$71,649
Walk: 14.6
98421
4.1 mi
Pop: 249
Walk: 19.3
98407
4.4 mi
Pop: 21,210
$108,905
Walk: 14.4
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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