Franchise Businesses Market: ZIP 98342
Opportunity Score
54
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98342 is an urban area. with a population of 1,398 and household incomes above the national median ($95,714).
Area Profile
1,398
Population
$95,714
Median Income
+28% vs. national
Urban
Area Type
Median Age: 55.1 —
older demographic, may prefer sit-down options.
College-Educated: 40.8% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,970
2BR Fair Market Rent
$1,438
Median Gross Rent
$640 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.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+28% vs. $74,580
Nearby Markets
98392
4.1 mi
Pop: 3,412
$83,802
Walk: 8.0
98346
5.0 mi
Pop: 9,337
$110,946
98110
7.6 mi
Pop: 24,607
$159,882
Walk: 8.5
98370
7.9 mi
Pop: 32,997
$109,416
Walk: 8.1
98364
8.6 mi
Pop: 0
98345
8.7 mi
Pop: 272
$133,086
98177
9.7 mi
Pop: 20,506
$162,607
Walk: 14.2
98117
9.8 mi
Pop: 35,147
$182,500
Walk: 15.7
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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