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Daycare Centers Market: ZIP 84096

Opportunity Score

76 / 100 Good

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

Market Summary

ZIP 84096 is an urban area with moderate foot traffic. with a population of 71,115 and household incomes well above the national median ($117,800). There are 12 daycare centers operations in ZIP 84096.

Area Profile

71,115

Population

$117,800

Median Income

+58% vs. national

Urban

Area Type

11.6/20

Foot Traffic

Walkable

Median Age: 29.2 — young market, strong street food demand.

College-Educated: 23.1% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 84096.

Daycare Centers

Moderate — proven market

1.7 per 10K residents

Schools

0.4 per 10K residents

What this means: Daycare Centers are 80.0% of the relevant market in ZIP 84096 (12 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$2,080

2BR Fair Market Rent

$1,888

Median Gross Rent

$540 K

Median Home Value

Bank Branches

$80 K 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 $117,800. That gives you pricing room most markets don't offer. Don't underprice.