New Car Dealers Market: ZIP 98645
Opportunity Score
68
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98645 is an urban area. with a population of 2,195 and household incomes well above the national median ($102,664).
Area Profile
2,195
Population
$102,664
Median Income
+38% vs. national
Urban
Area Type
Median Age: 52.7 —
older demographic, may prefer sit-down options.
College-Educated: 27.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,630
2BR Fair Market Rent
$782
Median Gross Rent
$470 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.
- The median income here is $102,664. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+38% vs. $74,580
Nearby Markets
98591
7.7 mi
Pop: 3,769
$80,278
Walk: 3.8
98611
9.9 mi
Pop: 9,367
$81,630
Walk: 3.5
98626
11.1 mi
Pop: 26,948
$70,058
Walk: 10.7
98542
14.1 mi
Pop: 686
$61,818
98649
15.8 mi
Pop: 980
$57,167
Walk: 4.2
98582
16.2 mi
Pop: 366
$86,117
98596
17.3 mi
Pop: 7,276
$75,750
Walk: 5.0
98593
17.9 mi
Pop: 1,676
$57,341
Check Another Market
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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