Remodelers Market: ZIP 98031
Opportunity Score
86
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98031 is an urban area with moderate foot traffic. with a population of 40,898 and household incomes well above the national median ($101,458). There are 26 remodelers operations in ZIP 98031.
Area Profile
40,898
Population
$101,458
Median Income
+36% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 36.8 —
mixed-age market, broad menu appeal.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
Remodelers and related businesses in ZIP 98031.
26
Remodelers
Competitive — differentiation needed
6.4 per 10K residents
7
HVAC Contractors
1.7 per 10K residents
6
Roofing Contractors
1.5 per 10K residents
What this means:
Remodelers are 66.7% of the relevant market in ZIP 98031 (26 vs. 13 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,400
2BR Fair Market Rent
$1,956
Median Gross Rent
$550 K
Median Home Value
2
Bank Branches
$310 K deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Remodelers
- 26
- Related Businesses
- 13
- Bank Branches
- 2
vs. National Average
Median Income
+36% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
98030
2.7 mi
Pop: 38,492
$91,218
Walk: 14.7
98055
2.9 mi
Pop: 24,851
$100,207
Walk: 11.5
98032
4.6 mi
Pop: 40,150
$77,413
Walk: 14.2
98057
4.9 mi
Pop: 12,151
$68,097
98058
5.1 mi
Pop: 41,980
$111,045
Walk: 9.5
98042
5.9 mi
Pop: 48,594
$125,554
Walk: 9.0
98188
6.2 mi
Pop: 26,769
$76,559
Walk: 13.0
98002
6.9 mi
Pop: 37,284
$77,714
Walk: 13.8
Check Another Market
Or estimate costs with the RemodCost calculator.
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