FoodTruckCost
Home Market Analysis

Food Truck Market: ZIP 98031

Opportunity Score
83 / 100 Excellent
Based on walkability, population density, income levels, and food truck competition.

Market Summary

ZIP 98031 is an urban area with moderate foot traffic. with a population of 40,094 and household incomes well above the national median ($105,965). There are 51 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

40,094
Population
$105,965
Median Income
+42% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 38.1 — mixed-age market, broad menu appeal.
College-Educated: 22.4% — value-focused market, keep prices competitive.

Competition

Food service establishments in ZIP 98031.

26
Sit-Down Restaurants
6.5 per 10K residents
25
Fast Food / Counter
6.2 per 10K residents

Operating Costs

Local cost levels affect commissary kitchen rates, permits, and event vendor pricing.

$1,991
Median Gross Rent
$610 K
Median Home Value
2
Bank Branches
$310 K deposits

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits