Nursing Care Facilities Market: ZIP 84025
Opportunity Score
85
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84025 is an urban area with moderate foot traffic. with a population of 25,055 and household incomes well above the national median ($120,123).
Area Profile
25,055
Population
$120,123
Median Income
+61% vs. national
Urban
Area Type
11.3/20
Foot Traffic
Walkable
Median Age: 31.8 —
mixed-age market, broad menu appeal.
College-Educated: 28.5% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,700
2BR Fair Market Rent
$1,644
Median Gross Rent
$620 K
Median Home Value
5
Bank Branches
$300 K deposits
Tips for Starting a Elder Care Business in Utah
- State licensing for assisted living takes 6-12 months and involves facility inspections, staffing plans, and background checks. Start early.
- Staffing is your #1 cost and #1 challenge. CNA turnover runs 50-75% annually in most markets. Budget for constant recruiting.
- Medicare and Medicaid reimbursement rates vary by state. Some states pay well. Others don't cover costs. Know your state's rates before committing.
- Start small. A residential care home (6-8 beds) requires far less capital than a 50-bed facility and lets you prove your model.
- The median income here is $120,123. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 5
vs. National Average
Median Income
+61% vs. $74,580
Walkability
+0.8 pts vs. national avg
Nearby Markets
84037
4.7 mi
Pop: 39,316
$130,258
Walk: 12.6
84014
5.3 mi
Pop: 16,571
$118,045
Walk: 15.7
84087
6.3 mi
Pop: 17,028
$122,201
Walk: 12.5
84040
8.0 mi
Pop: 28,269
$123,297
Walk: 8.6
84010
8.4 mi
Pop: 46,666
$102,038
Walk: 10.7
84041
8.6 mi
Pop: 54,750
$87,608
Walk: 12.2
84054
9.6 mi
Pop: 22,201
$107,889
Walk: 11.8
84116
11.5 mi
Pop: 37,136
$69,604
Walk: 13.1
Check Another Market
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About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits