Franchise Businesses Market: ZIP 98014
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98014 is an urban area. with a population of 7,681 and household incomes well above the national median ($157,680).
Area Profile
7,681
Population
$157,680
Median Income
+111% vs. national
Urban
Area Type
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 34.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 98014.
4
Business Consultants
5.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,460
2BR Fair Market Rent
$1,740
Median Gross Rent
$850 K
Median Home Value
Tips for Starting a Franchise Business in Washington
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $157,680. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+111% vs. $74,580
Nearby Markets
98019
6.6 mi
Pop: 11,712
$156,003
Walk: 7.5
98065
8.5 mi
Pop: 16,061
$182,132
Walk: 10.4
98024
9.5 mi
Pop: 4,632
$152,726
Walk: 7.4
98294
11.0 mi
Pop: 7,838
$87,981
Walk: 6.6
98272
11.2 mi
Pop: 32,055
$115,894
Walk: 8.8
98053
11.9 mi
Pop: 22,838
$179,912
Walk: 8.3
98050
12.4 mi
Pop: 87
98074
14.7 mi
Pop: 30,850
$234,013
Walk: 9.2
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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