Franchise Businesses Market: ZIP 98022
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98022 is an urban area with low foot traffic. with a population of 22,135 and household incomes well above the national median ($116,613).
Area Profile
22,135
Population
$116,613
Median Income
+56% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Very Car-Dependent
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 98022.
4
Business Consultants
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,390
2BR Fair Market Rent
$1,626
Median Gross Rent
$580 K
Median Home Value
5
Bank Branches
$430 K deposits
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 $116,613. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 4
- Bank Branches
- 5
vs. National Average
Median Income
+56% vs. $74,580
Walkability
-1.5 pts vs. national avg
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
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