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Daycare Centers Market: ZIP 84005

Opportunity Score

69 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84005 is an urban area. with a population of 49,116 and household incomes well above the national median ($105,576). There are 6 daycare centers operations in ZIP 84005.

Area Profile

49,116

Population

$105,576

Median Income

+42% vs. national

Urban

Area Type

Median Age: 22.0 — young market, strong street food demand.

College-Educated: 17.8% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 84005.

Daycare Centers

Moderate — proven market

1.2 per 10K residents

Operating Costs

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

$1,840

2BR Fair Market Rent

$1,995

Median Gross Rent

$470 K

Median Home Value

Tips for Starting a Daycare Business in Utah

Licensing comes first. State childcare licensing takes 3-6 months in most states. Start that paperwork before you sign a lease.
Staff-to-child ratios are set by law and they dictate your entire cost structure. Know your state's ratios before building a financial model.
Location matters more than marketing. Parents pick daycares within 10 minutes of home or work. Proximity to commuter routes beats a nice website.
Insurance costs $3,000-$10,000/year depending on your state and capacity. Get quotes early. Some carriers won't cover home-based operations.
The median income here is $105,576. That gives you pricing room most markets don't offer. Don't underprice.