Franchise Businesses Market: ZIP 98177
Opportunity Score
91
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98177 is an urban area with moderate foot traffic. with a population of 20,506 and household incomes well above the national median ($162,607).
Area Profile
20,506
Population
$162,607
Median Income
+118% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 47.0 —
older demographic, may prefer sit-down options.
College-Educated: 51.8% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 98177.
18
Business Consultants
8.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$2,123
Median Gross Rent
$1 M
Median Home Value
1
Bank Branches
$83 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 $162,607. 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
- 18
- Bank Branches
- 1
vs. National Average
Median Income
+118% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
98133
2.0 mi
Pop: 52,620
$92,371
Walk: 16.9
98117
3.9 mi
Pop: 35,147
$182,500
Walk: 15.7
98020
4.0 mi
Pop: 19,064
$122,243
Walk: 6.8
98155
5.0 mi
Pop: 35,906
$131,911
Walk: 12.7
98107
5.2 mi
Pop: 28,390
$137,748
Walk: 16.3
98125
5.2 mi
Pop: 43,807
$96,725
Walk: 14.3
98103
5.3 mi
Pop: 51,988
$127,372
Walk: 16.4
98043
5.9 mi
Pop: 21,417
$101,408
Walk: 14.2
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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