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ZIP 98406 — Business Opportunities

Tacoma, WA · Local economy intelligence
Population
22,994
Median income
$96,755
Median age
41.5
Households
10,002

Top business opportunities in 98406

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

  1. 1. Clothing & Apparel 100/100
    ~3.5 businesses underserved · confidence: high
  2. 2. Furniture & Home Decor 100/100
    ~1.9 businesses underserved · confidence: high
  3. 3. Veterinary 96/100
    ~1.9 businesses underserved · confidence: high
  4. 4. Electronics 92/100
    ~1.1 businesses underserved · confidence: low
  5. 5. Laundromats 89/100
    ~1.3 businesses underserved · confidence: high
  6. 6. Grocery 85/100
    ~1.2 businesses underserved · confidence: high
  7. 7. Bicycle Parking 81/100
    ~2.9 businesses underserved · confidence: high
  8. 8. Parking Entrance 81/100
    ~1.5 businesses underserved · confidence: high
  9. 9. Parking Space 81/100
    ~2.3 businesses underserved · confidence: high
  10. 10. Auto Parts 81/100
    ~1.9 businesses underserved · confidence: high

What's already here — existing business mix

The most common business categories currently operating in ZIP 98406.

Full demographic profile

Population22,994
Households10,002
Median household income$96,755
Per capita income$53,109
Median age41.5
% bachelor's degree or higher49.0%
% age 18–3421.458%
% age 65+14.065%
% renter-occupied33.689%
Median home value$516,600
Median gross rent$1,557
Unemployment rate4.2%

Nearby ZIPs in WA

98330 Elbe · 98329 Gig Harbor · 98328 Eatonville · 98327 Dupont · 98326 Clallam Bay · 98325 Chimacum

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