ZIP 98516 — Business Opportunities

Top business opportunities in 98516

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

1. 1. Childcare 100/100
   ~3.0 businesses underserved · confidence: medium
2. 2. Parking Entrance 86/100
   ~2.0 businesses underserved · confidence: medium
3. 3. Bicycle Parking 86/100
   ~4.0 businesses underserved · confidence: medium
4. 4. Parking Space 86/100
   ~3.2 businesses underserved · confidence: medium
5. 5. Schools 86/100
   ~10.4 businesses underserved · confidence: medium
6. 6. Gas Stations 84/100
   ~7.8 businesses underserved · confidence: medium
7. 7. Prep School 83/100
   ~1.4 businesses underserved · confidence: low
8. 8. Toys & Games 80/100
   ~1.3 businesses underserved · confidence: low
9. 9. Furniture & Home Decor 80/100
   ~2.2 businesses underserved · confidence: medium
10. 10. Auto Repair 79/100
    ~5.9 businesses underserved · confidence: medium

What's already here — existing business mix

The most common business categories currently operating in ZIP 98516.

• Park — 11 businesses
• Religious — 3 businesses
• Parking — 2 businesses
• Cafes & Coffee Shops — 1 businesses
• Nature Reserve — 1 businesses
• Schools — 1 businesses
• Fire Station — 1 businesses
• Other — 1 businesses
• Bars & Nightlife — 1 businesses
• Property Management — 1 businesses
• Plant Hire — 1 businesses
• Doityourself — 1 businesses
• Shelter — 1 businesses
• Guest House — 1 businesses
• Beverages — 0 businesses

Full demographic profile

Population	27,212
Households	10,860
Median household income	$89,378
Per capita income	$44,259
Median age	39.3
% bachelor's degree or higher	38.342%
% age 18–34	18.775%
% age 65+	14.468%
% renter-occupied	28.513%
Median home value	$474,800
Median gross rent	$1,800
Unemployment rate	3.931%

Nearby ZIPs in WA

98513 Olympia · 98512 Olympia · 98506 Olympia · 98505 Olympia · 98536 Copalis Crossing · 98661 Vancouver