Nursing Care Facilities Market: ZIP 84044
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84044 is an urban area with moderate foot traffic. with a population of 29,488 and household incomes above the national median ($87,516).
Area Profile
29,488
Population
$87,516
Median Income
+17% vs. national
Urban
Area Type
11.2/20
Foot Traffic
Walkable
Median Age: 32.5 —
mixed-age market, broad menu appeal.
College-Educated: 8.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,750
2BR Fair Market Rent
$1,623
Median Gross Rent
$340 K
Median Home Value
3
Bank Branches
$94 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 3
vs. National Average
Median Income
+17% vs. $74,580
Walkability
+0.7 pts vs. national avg
Nearby Markets
84128
5.8 mi
Pop: 32,072
$109,286
Walk: 10.5
84118
8.0 mi
Pop: 41,969
$87,457
Walk: 12.6
84120
8.7 mi
Pop: 50,589
$90,847
Walk: 13.9
84006
9.6 mi
Pop: 865
$77,778
84104
9.7 mi
Pop: 24,057
$61,326
Walk: 13.7
84081
10.8 mi
Pop: 52,168
$114,577
Walk: 12.8
84116
11.2 mi
Pop: 37,136
$69,604
Walk: 13.1
84119
12.3 mi
Pop: 50,745
$66,616
Walk: 13.7
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