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Daycare Centers Market: ZIP 84095

Opportunity Score

79 / 100 Good

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

Market Summary

ZIP 84095 is an urban area with moderate foot traffic. with a population of 38,240 and household incomes well above the national median ($123,082). There are 15 daycare centers operations in ZIP 84095.

Area Profile

38,240

Population

$123,082

Median Income

+65% vs. national

Urban

Area Type

11.3/20

Foot Traffic

Walkable

Median Age: 39.0 — mixed-age market, broad menu appeal.

College-Educated: 30.7% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 84095.

Daycare Centers

Moderate — proven market

3.9 per 10K residents

Schools

0.8 per 10K residents

What this means: Daycare Centers are 83.3% of the relevant market in ZIP 84095 (15 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,110

2BR Fair Market Rent

$1,794

Median Gross Rent

$670 K

Median Home Value

Bank Branches

$4.9 M deposits

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 $123,082. That gives you pricing room most markets don't offer. Don't underprice.