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Daycare Centers Market: ZIP 84103

Opportunity Score

62 / 100 Good

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

Market Summary

ZIP 84103 is an urban area with high foot traffic. with a population of 23,796 and household incomes above the national median ($81,386). There are 3 daycare centers operations in ZIP 84103.

Area Profile

23,796

Population

$81,386

Median Income

+9% vs. national

Urban

Area Type

16.0/20

Foot Traffic

Very Walkable

Median Age: 35.3 — mixed-age market, broad menu appeal.

College-Educated: 50.0% — strong appetite for artisan/specialty food.

Competition

Daycare Centers and related businesses in ZIP 84103.

Daycare Centers

Low competition — room to establish

1.3 per 10K residents

Operating Costs

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

$1,740

2BR Fair Market Rent

$1,374

Median Gross Rent

$710 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.