Franchise Costs Near Olympia, WA (98516)
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98516 is an urban area. with a population of 28,286 and household incomes above the national median ($92,191).
Area Profile
28,286
Population
$92,191
Median Income
+24% vs. national
Urban
Area Type
Median Age: 38.9 —
mixed-age market, broad menu appeal.
College-Educated: 25.9% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 98516.
5
Business Consultants
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,948
Median Gross Rent
$530 K
Median Home Value
6
Bank Branches
$440 K deposits
Compare with Another ZIP
Side-by-side: opportunity score, income, walkability, competition, and rent.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 5
- Bank Branches
- 6
vs. National Average
Median Income
+24% 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