Nursing Care Facilities Market: ZIP 84059
Opportunity Score
90
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84059 is an urban area. with a population of 16,419 and household incomes well above the national median ($101,842).
Area Profile
16,419
Population
$101,842
Median Income
+37% vs. national
Urban
Area Type
Median Age: 25.3 —
young market, strong street food demand.
College-Educated: 24.7% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$1,799
Median Gross Rent
$510 K
Median Home Value
1
Bank Branches
$38 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 $101,842. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+37% vs. $74,580
Nearby Markets
84057
2.8 mi
Pop: 37,620
$80,184
Walk: 14.8
84042
3.1 mi
Pop: 11,570
$104,840
Walk: 6.3
84058
3.1 mi
Pop: 34,706
$71,474
Walk: 13.7
84097
5.2 mi
Pop: 22,024
$97,034
Walk: 14.3
84601
6.4 mi
Pop: 32,871
$64,758
Walk: 10.6
84062
7.2 mi
Pop: 47,489
$101,584
Walk: 9.9
84602
7.6 mi
Pop: 2,115
$31,250
84606
10.4 mi
Pop: 35,931
$52,110
Walk: 12.9
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