ZIP 98003 — Business Opportunities

Top business opportunities in 98003

The highest-scored business categories to consider opening in Federal Way, WA, based on demand (population, income, demographic fit) versus existing supply.

1. 1. Laundromats 100/100
   ~4.4 businesses underserved · confidence: high
2. 2. Dancing School 56/100
   ~2.3 businesses underserved · confidence: low
3. 3. Music School 56/100
   ~2.3 businesses underserved · confidence: low
4. 4. Toys & Games 48/100
   ~1.6 businesses underserved · confidence: high
5. 5. Theatre 47/100
   ~3.3 businesses underserved · confidence: high
6. 6. Grave Yard 47/100
   ~2.6 businesses underserved · confidence: high
7. 7. Nature Reserve 47/100
   ~4.3 businesses underserved · confidence: high
8. 8. Community Centre 47/100
   ~5.5 businesses underserved · confidence: high
9. 9. Kitchen 47/100
   ~2.6 businesses underserved · confidence: high
10. 10. Bakeries 47/100
    ~3.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 98003.

• Restaurants — 76 businesses
• Fast Food — 48 businesses
• Company — 43 businesses
• Auto Repair — 43 businesses
• Beauty & Nail Salons — 29 businesses
• Dental — 29 businesses
• Doctors — 28 businesses
• Hair Salons — 28 businesses
• Information — 28 businesses
• Banking & Finance — 26 businesses
• Cafes & Coffee Shops — 22 businesses
• Other — 21 businesses
• Insurance — 19 businesses
• Medical & Healthcare — 17 businesses
• Massage & Wellness — 15 businesses

Full demographic profile

Population	51,329
Households	19,332
Median household income	$67,547
Per capita income	$34,070
Median age	36.4
% bachelor's degree or higher	27.705%
% age 18–34	23.026%
% age 65+	11.239%
% renter-occupied	50.19%
Median home value	$403,200
Median gross rent	$1,570
Unemployment rate	5.333%

Nearby ZIPs in WA

98053 Redmond · 98055 Renton · 98056 Renton · 98126 Seattle · 98133 Seattle · 98261 Lopez Island