Nursing Care Facilities Market: ZIP 84087
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84087 is an urban area with moderate foot traffic. with a population of 17,028 and household incomes well above the national median ($122,201).
Area Profile
17,028
Population
$122,201
Median Income
+64% vs. national
Urban
Area Type
12.5/20
Foot Traffic
Walkable
Median Age: 34.4 —
mixed-age market, broad menu appeal.
College-Educated: 21.9% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,970
2BR Fair Market Rent
$1,520
Median Gross Rent
$490 K
Median Home Value
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 $122,201. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
vs. National Average
Median Income
+64% vs. $74,580
Walkability
+2.0 pts vs. national avg
Nearby Markets
84054
3.6 mi
Pop: 22,201
$107,889
Walk: 11.8
84025
6.3 mi
Pop: 25,055
$120,123
Walk: 11.3
84010
6.5 mi
Pop: 46,666
$102,038
Walk: 10.7
84116
6.9 mi
Pop: 37,136
$69,604
Walk: 13.1
84014
7.3 mi
Pop: 16,571
$118,045
Walk: 15.7
84103
8.1 mi
Pop: 23,796
$81,386
Walk: 16.0
84114
8.2 mi
Pop: 0
Walk: 15.2
84180
8.4 mi
Pop: 0
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