Franchise Costs Near Federal Way, WA (98023)
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98023 is an urban area. with a population of 49,593 and household incomes well above the national median ($101,960).
Area Profile
49,593
Population
$101,960
Median Income
+37% vs. national
Urban
Area Type
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 23.6% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 98023.
11
Business Consultants
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,875
Median Gross Rent
$550 K
Median Home Value
4
Bank Branches
$520 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 11
- Bank Branches
- 4
vs. National Average
Median Income
+37% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the FranchiseBudget calculator.
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits