Nursing Care Facilities Market: ZIP 84088
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84088 is an urban area with moderate foot traffic. with a population of 38,915 and household incomes well above the national median ($100,532).
Area Profile
38,915
Population
$100,532
Median Income
+35% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 18.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,780
2BR Fair Market Rent
$1,554
Median Gross Rent
$440 K
Median Home Value
5
Bank Branches
$500 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 $100,532. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 5
vs. National Average
Median Income
+35% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
84084
1.9 mi
Pop: 31,389
$94,214
84095
2.8 mi
Pop: 38,240
$123,082
Walk: 11.3
84129
4.0 mi
Pop: 38,128
$94,051
Walk: 13.6
84009
4.9 mi
Pop: 42,091
$130,559
Walk: 9.6
84047
5.0 mi
Pop: 36,573
$73,120
Walk: 15.5
84070
5.1 mi
Pop: 30,348
$79,414
Walk: 14.2
84123
5.1 mi
Pop: 36,913
$80,079
Walk: 13.4
84081
5.4 mi
Pop: 52,168
$114,577
Walk: 12.8
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