Nursing Care Facilities Market: ZIP 84043
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84043 is an urban area with low foot traffic. with a population of 81,839 and household incomes well above the national median ($125,598).
Area Profile
81,839
Population
$125,598
Median Income
+68% vs. national
Urban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 26.6 —
young market, strong street food demand.
College-Educated: 26.1% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 84043.
10
Home Health Agencies
1.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$1,802
Median Gross Rent
$570 K
Median Home Value
12
Bank Branches
$8 M 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 $125,598. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 12
vs. National Average
Median Income
+68% vs. $74,580
Walkability
-0.9 pts vs. national avg
Nearby Markets
84020
6.0 mi
Pop: 50,159
$130,680
Walk: 8.5
84065
7.4 mi
Pop: 50,284
$122,809
Walk: 13.8
84045
9.0 mi
Pop: 43,369
$123,870
84005
10.6 mi
Pop: 49,116
$105,576
84094
11.1 mi
Pop: 28,277
$102,881
Walk: 13.5
84095
11.2 mi
Pop: 38,240
$123,082
Walk: 11.3
84004
11.4 mi
Pop: 10,272
$156,786
Walk: 9.9
84042
11.4 mi
Pop: 11,570
$104,840
Walk: 6.3
Check Another Market
Or estimate costs with the ElderCareCost calculator.
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