FoodTruckCost
Home Market Analysis

Food Truck Market: ZIP 98118

Opportunity Score
70 / 100 Good
Based on walkability, population density, income levels, and food truck competition.

Market Summary

ZIP 98118 is an urban area with moderate foot traffic. with a population of 50,500 and household incomes well above the national median ($113,762). The area has 71 restaurants and just 4 food trucks — low competition with strong demand signals.

Area Profile

50,500
Population
$113,762
Median Income
+53% vs. national
Urban
Area Type
14.1/20
Foot Traffic
Very Car-Dependent
Median Age: 38.4 — mixed-age market, broad menu appeal.
College-Educated: 37.9% — balanced market for quality & value.

Competition

Food service establishments in ZIP 98118.

4
Food Trucks
Low competition — room to establish
0.8 per 10K residents
44
Sit-Down Restaurants
8.7 per 10K residents
27
Fast Food / Counter
5.3 per 10K residents
What this means: Food trucks are 5.3% of the food scene here (4 trucks vs. 71 restaurants). Moderate truck presence — demand is proven but not saturated.

Operating Costs

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

$1,839
Median Gross Rent
$810 K
Median Home Value
8
Bank Branches
$890 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Food Trucks
4
Restaurants
71
Bank Branches
8

vs. National Average

Median Income
+53% vs. $74,580
Walkability
+3.6 pts vs. national avg
Food Trucks
4 vs. ~3 median

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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