Nursing Care Facilities Market: ZIP 84302
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84302 is an suburban area with moderate foot traffic. with a population of 26,711 and household incomes above the national median ($75,247). There are 3 nursing care facilities operations in ZIP 84302.
Area Profile
26,711
Population
$75,247
Median Income
+1% vs. national
Suburban
Area Type
14.0/20
Foot Traffic
Walkable
Median Age: 34.3 —
mixed-age market, broad menu appeal.
College-Educated: 18.9% —
value-focused market, keep prices competitive.
Competition
Nursing Care Facilities and related businesses in ZIP 84302.
3
Nursing Care Facilities
Low competition — room to establish
1.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,000
2BR Fair Market Rent
$957
Median Gross Rent
$340 K
Median Home Value
6
Bank Branches
$330 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Walkable
- Nursing Care Facilities
- 3
- Bank Branches
- 6
vs. National Average
Median Income
+1% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
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