Franchise Businesses Market: ZIP 98383
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98383 is an urban area with low foot traffic. with a population of 22,047 and household incomes well above the national median ($106,902).
Area Profile
22,047
Population
$106,902
Median Income
+43% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 39.7 —
mixed-age market, broad menu appeal.
College-Educated: 26.0% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,410
2BR Fair Market Rent
$2,076
Median Gross Rent
$570 K
Median Home Value
9
Bank Branches
$850 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 $106,902. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Bank Branches
- 9
vs. National Average
Median Income
+43% vs. $74,580
Walkability
-3.0 pts vs. national avg
Nearby Markets
98315
4.3 mi
Pop: 5,931
$84,485
Walk: 6.5
98311
5.8 mi
Pop: 27,947
$98,714
Walk: 9.2
98345
7.0 mi
Pop: 272
$133,086
98312
7.3 mi
Pop: 34,273
$85,332
Walk: 11.7
98310
8.6 mi
Pop: 22,170
$73,292
Walk: 13.5
98314
8.9 mi
Pop: 1,358
$179,464
98337
8.9 mi
Pop: 7,872
$73,363
Walk: 15.0
98370
8.9 mi
Pop: 32,997
$109,416
Walk: 8.1
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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