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Home Washington ZIP 98003

Solar Panel Costs Near Federal Way, WA (98003)

Opportunity Score
59 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 98003 is an urban area. with a population of 52,210 and household incomes near the national median ($70,800). There are 8 solar installers operations in ZIP 98003.

Area Profile

52,210
Population
$70,800
Median Income
-5% vs. national
Urban
Area Type
Median Age: 36.4 — mixed-age market, broad menu appeal.
College-Educated: 18.7% — value-focused market, keep prices competitive.

Competition

Solar Installers and related businesses in ZIP 98003.

8
Solar Installers
Moderate — proven market
1.5 per 10K residents
12
Roofing Contractors
2.3 per 10K residents
What this means: Solar Installers are 40.0% of the relevant market in ZIP 98003 (8 vs. 12 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,650
Median Gross Rent
$430 K
Median Home Value
15
Bank Branches
$2 M deposits

Compare with Another ZIP

Side-by-side: opportunity score, income, walkability, competition, and rent.

Data sources

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