ZIP 98116 — Business Opportunities

Top business opportunities in 98116

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

1. 1. Electronics Repair 100/100
   ~1.3 businesses underserved · confidence: low
2. 2. Grocery 83/100
   ~1.7 businesses underserved · confidence: high
3. 3. Electronics 81/100
   ~0.8 businesses underserved · confidence: high
4. 4. Pharmacies 68/100
   ~2.2 businesses underserved · confidence: high
5. 5. Garden Centre 67/100
   ~1.4 businesses underserved · confidence: high
6. 6. Fire Station 67/100
   ~2.5 businesses underserved · confidence: high
7. 7. Pitch 67/100
   ~3.6 businesses underserved · confidence: high
8. 8. Kitchen 67/100
   ~1.4 businesses underserved · confidence: high
9. 9. Tax Advisor 67/100
   ~1.5 businesses underserved · confidence: high
10. 10. Charging Station 67/100
    ~2.2 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 98116.

• Bicycle Parking — 121 businesses
• Restaurants — 56 businesses
• Cafes & Coffee Shops — 25 businesses
• Hair Salons — 25 businesses
• Bars & Nightlife — 21 businesses
• Park — 20 businesses
• Banking & Finance — 17 businesses
• Artwork — 17 businesses
• Fast Food — 16 businesses
• Beauty & Nail Salons — 15 businesses
• Religious — 14 businesses
• Schools — 12 businesses
• Clothing & Apparel — 10 businesses
• Convenience Stores — 9 businesses
• Dental — 9 businesses

Full demographic profile

Population	27,871
Households	13,172
Median household income	$129,924
Per capita income	$81,954
Median age	39.6
% bachelor's degree or higher	68.04%
% age 18–34	21.28%
% age 65+	10.416%
% renter-occupied	41.851%
Median home value	$873,900
Median gross rent	$1,973
Unemployment rate	3.618%

Nearby ZIPs in WA

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