New Car Dealers Market: ZIP 98445
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98445 is an urban area with low foot traffic. with a population of 33,578 and household incomes above the national median ($90,063).
Area Profile
33,578
Population
$90,063
Median Income
+21% vs. national
Urban
Area Type
8.3/20
Foot Traffic
Car-Dependent
Median Age: 37.0 —
mixed-age market, broad menu appeal.
College-Educated: 13.0% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 98445.
3
Gas Stations
0.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,080
2BR Fair Market Rent
$1,721
Median Gross Rent
$410 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
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+21% vs. $74,580
Walkability
-2.2 pts vs. national avg
Nearby Markets
98446
2.0 mi
Pop: 14,241
$101,130
Walk: 7.2
98447
2.7 mi
Pop: 964
Walk: 13.7
98444
3.2 mi
Pop: 35,660
$64,464
Walk: 13.2
98408
5.0 mi
Pop: 20,469
$78,855
Walk: 13.9
98404
5.0 mi
Pop: 35,829
$79,562
Walk: 13.6
98443
5.2 mi
Pop: 5,787
$117,423
98387
5.4 mi
Pop: 49,940
$101,141
Walk: 7.1
98373
5.6 mi
Pop: 29,062
$102,791
Walk: 10.1
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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