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Home ZIP 98661

New Car Dealers Market: ZIP 98661

Opportunity Score
56 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98661 is an urban area with moderate foot traffic. with a population of 52,027 and household incomes above the national median ($75,037). There are 3 new car dealers operations in ZIP 98661.

Area Profile

52,027
Population
$75,037
Median Income
+1% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 35.2 — mixed-age market, broad menu appeal.
College-Educated: 18.1% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 98661.

3
New Car Dealers
Low competition — room to establish
0.6 per 10K residents
13
Gas Stations
2.5 per 10K residents
What this means: New Car Dealers are 18.8% of the relevant market in ZIP 98661 (3 vs. 13 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,830
2BR Fair Market Rent
$1,440
Median Gross Rent
$420 K
Median Home Value
4
Bank Branches
$580 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.

Data sources

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