FoodTruckCost
Home Market Analysis

Food Truck Market: ZIP 98116

Opportunity Score
91 / 100 Excellent
Based on walkability, population density, income levels, and food truck competition.

Market Summary

ZIP 98116 is an urban area with moderate foot traffic. with a population of 28,711 and household incomes well above the national median ($126,151). There are 60 restaurants here but no registered food trucks — an untapped market with proven dining demand.

Area Profile

28,711
Population
$126,151
Median Income
+69% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 40.6 — older demographic, may prefer sit-down options.
College-Educated: 53.5% — strong appetite for artisan/specialty food.

Competition

Food service establishments in ZIP 98116.

41
Sit-Down Restaurants
14.3 per 10K residents
19
Fast Food / Counter
6.6 per 10K residents

Operating Costs

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

$2,075
Median Gross Rent
$970 K
Median Home Value
11
Bank Branches
$1.5 M deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Restaurants
60
Bank Branches
11

vs. National Average

Median Income
+69% vs. $74,580
Walkability
+3.7 pts vs. national avg

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Data sources

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