Nursing Care Facilities Market: ZIP 84070
Opportunity Score
76
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84070 is an urban area with moderate foot traffic. with a population of 30,348 and household incomes above the national median ($79,414).
Area Profile
30,348
Population
$79,414
Median Income
+6% vs. national
Urban
Area Type
14.2/20
Foot Traffic
Very Car-Dependent
Median Age: 32.1 —
mixed-age market, broad menu appeal.
College-Educated: 22.4% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 84070.
9
Home Health Agencies
3.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,890
2BR Fair Market Rent
$1,578
Median Gross Rent
$430 K
Median Home Value
12
Bank Branches
$300 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 9
- Bank Branches
- 12
vs. National Average
Median Income
+6% vs. $74,580
Walkability
+3.7 pts vs. national avg
Nearby Markets
84094
1.9 mi
Pop: 28,277
$102,881
Walk: 13.5
84047
2.6 mi
Pop: 36,573
$73,120
Walk: 15.5
84095
3.8 mi
Pop: 38,240
$123,082
Walk: 11.3
84093
4.4 mi
Pop: 23,998
$132,453
Walk: 12.6
84088
5.1 mi
Pop: 38,915
$100,532
Walk: 13.4
84107
5.6 mi
Pop: 37,548
$73,469
Walk: 14.5
84020
5.7 mi
Pop: 50,159
$130,680
Walk: 8.5
84123
6.0 mi
Pop: 36,913
$80,079
Walk: 13.4
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