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Daycare Costs Near Draper, UT (84020)

Opportunity Score

81 / 100 Excellent

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

Market Summary

ZIP 84020 is an urban area. with a population of 50,159 and household incomes well above the national median ($130,680). There are 11 daycare centers operations in ZIP 84020.

Area Profile

50,159

Population

$130,680

Median Income

+75% vs. national

Urban

Area Type

Median Age: 33.7 — mixed-age market, broad menu appeal.

College-Educated: 31.7% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 84020.

Daycare Centers

Moderate — proven market

2.2 per 10K residents

Schools

1.0 per 10K residents

What this means: Daycare Centers are 68.8% of the relevant market in ZIP 84020 (11 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,812

Median Gross Rent

$730 K

Median Home Value

Bank Branches

$100 M deposits

Childcare Assistance in Utah

Families in ZIP 84020 may qualify for state-funded childcare subsidies through Utah's CCDF program. Income limits and copays vary by county.

Check Utah subsidy eligibility ›

Already Getting a Subsidy? See How Much More You Can Save

The federal dependent care credit and Dependent Care FSA stack on top of subsidies. Most families save an additional $600–$2,100/year — in 10 seconds.

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