Nursing Care Facilities Market: ZIP 84606
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84606 is an urban area with moderate foot traffic. with a population of 35,931 and household incomes near the national median ($52,110).
Area Profile
35,931
Population
$52,110
Median Income
-30% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 23.2 —
young market, strong street food demand.
College-Educated: 15.0% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,290
2BR Fair Market Rent
$1,149
Median Gross Rent
$410 K
Median Home Value
1
Bank Branches
$84 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
- Urban
- Foot Traffic
- Walkable
- Bank Branches
- 1
vs. National Average
Median Income
-30% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
84602
3.2 mi
Pop: 2,115
$31,250
84601
4.9 mi
Pop: 32,871
$64,758
Walk: 10.6
84097
7.0 mi
Pop: 22,024
$97,034
Walk: 14.3
84664
7.0 mi
Pop: 12,340
$127,860
Walk: 8.1
84058
7.4 mi
Pop: 34,706
$71,474
Walk: 13.7
84604
7.9 mi
Pop: 43,749
$74,522
Walk: 12.8
84057
8.9 mi
Pop: 37,620
$80,184
Walk: 14.8
84663
9.6 mi
Pop: 35,889
$88,919
Walk: 10.1
Check Another Market
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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