ElderCareCost
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Home ZIP 84109

Nursing Care Facilities Market: ZIP 84109

Opportunity Score
69 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84109 is an urban area with moderate foot traffic. with a population of 25,879 and household incomes well above the national median ($136,823). There are 3 nursing care facilities operations in ZIP 84109.

Area Profile

25,879
Population
$136,823
Median Income
+83% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 35.8 — mixed-age market, broad menu appeal.
College-Educated: 44.6% — strong appetite for artisan/specialty food.

Competition

Nursing Care Facilities and related businesses in ZIP 84109.

3
Nursing Care Facilities
Low competition — room to establish
1.2 per 10K residents

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$2,000
2BR Fair Market Rent
$1,584
Median Gross Rent
$680 K
Median Home Value
5
Bank Branches
$990 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 $136,823. That gives you pricing room most markets don't offer. Don't underprice.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits