Franchise Businesses Market: ZIP 98524
Opportunity Score
94
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98524 is an urban area. with a population of 4,585 and household incomes well above the national median ($108,526).
Area Profile
4,585
Population
$108,526
Median Income
+46% vs. national
Urban
Area Type
Median Age: 50.8 —
older demographic, may prefer sit-down options.
College-Educated: 24.2% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 98524.
4
Business Consultants
8.7 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$2,667
Median Gross Rent
$510 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.
- The median income here is $108,526. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 4
vs. National Average
Median Income
+46% vs. $74,580
Nearby Markets
98394
4.5 mi
Pop: 1,036
$46,792
Walk: 5.7
98546
6.2 mi
Pop: 2,288
$96,964
98329
6.3 mi
Pop: 11,379
$107,675
Walk: 6.5
98528
7.0 mi
Pop: 12,398
$85,571
Walk: 2.9
98349
8.5 mi
Pop: 5,021
$84,282
98351
12.3 mi
Pop: 1,832
$145,613
98367
13.4 mi
Pop: 32,203
$105,846
Walk: 4.2
98312
14.7 mi
Pop: 34,273
$85,332
Walk: 11.7
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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