Nursing Care Facilities Market: ZIP 84094
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84094 is an urban area with moderate foot traffic. with a population of 28,277 and household incomes well above the national median ($102,881).
Area Profile
28,277
Population
$102,881
Median Income
+38% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 27.1% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,090
2BR Fair Market Rent
$1,851
Median Gross Rent
$470 K
Median Home Value
4
Bank Branches
$190 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 $102,881. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 4
vs. National Average
Median Income
+38% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
84070
1.9 mi
Pop: 30,348
$79,414
Walk: 14.2
84093
2.8 mi
Pop: 23,998
$132,453
Walk: 12.6
84047
3.7 mi
Pop: 36,573
$73,120
Walk: 15.5
84020
5.1 mi
Pop: 50,159
$130,680
Walk: 8.5
84095
5.6 mi
Pop: 38,240
$123,082
Walk: 11.3
84107
6.2 mi
Pop: 37,548
$73,469
Walk: 14.5
84117
6.5 mi
Pop: 24,873
$87,451
Walk: 15.3
84088
7.0 mi
Pop: 38,915
$100,532
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