Nursing Care Facilities Market: ZIP 84107
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84107 is an urban area with moderate foot traffic. with a population of 37,548 and household incomes near the national median ($73,469).
Area Profile
37,548
Population
$73,469
Median Income
-1% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 35.0 —
mixed-age market, broad menu appeal.
College-Educated: 26.9% —
balanced market for quality & value.
Competition
Nursing Care Facilities and related businesses in ZIP 84107.
20
Home Health Agencies
5.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,650
2BR Fair Market Rent
$1,387
Median Gross Rent
$430 K
Median Home Value
10
Bank Branches
$1.5 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
- 20
- Bank Branches
- 10
vs. National Average
Median Income
-1% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
84123
2.6 mi
Pop: 36,913
$80,079
Walk: 13.4
84047
3.0 mi
Pop: 36,573
$73,120
Walk: 15.5
84117
3.4 mi
Pop: 24,873
$87,451
Walk: 15.3
84106
3.9 mi
Pop: 33,791
$94,452
Walk: 15.9
84115
4.0 mi
Pop: 28,411
$61,505
Walk: 15.2
84119
5.2 mi
Pop: 50,745
$66,616
Walk: 13.7
84129
5.4 mi
Pop: 38,128
$94,051
Walk: 13.6
84070
5.6 mi
Pop: 30,348
$79,414
Walk: 14.2
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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