Nursing Care Facilities Market: ZIP 84310
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84310 is an urban area. with a population of 5,002 and household incomes well above the national median ($143,137).
Area Profile
5,002
Population
$143,137
Median Income
+92% vs. national
Urban
Area Type
Median Age: 39.7 —
mixed-age market, broad menu appeal.
College-Educated: 34.3% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,450
2BR Fair Market Rent
$1,684
Median Gross Rent
$740 K
Median Home Value
1
Bank Branches
$55 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 $143,137. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Bank Branches
- 1
vs. National Average
Median Income
+92% vs. $74,580
Nearby Markets
84414
8.2 mi
Pop: 33,288
$108,345
Walk: 11.0
84403
8.8 mi
Pop: 37,244
$84,589
Walk: 12.8
84408
11.7 mi
Pop: 150
Walk: 10.6
84324
12.8 mi
Pop: 1,642
$134,239
Walk: 8.2
84328
14.1 mi
Pop: 1,768
$97,614
84405
14.9 mi
Pop: 34,931
$84,488
Walk: 11.2
84401
15.1 mi
Pop: 46,784
$77,333
Walk: 12.8
84317
15.8 mi
Pop: 2,814
$118,555
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