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Daycare Centers Market: ZIP 84107

Opportunity Score

70 / 100 Good

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

Market Summary

ZIP 84107 is an urban area with moderate foot traffic. with a population of 37,548 and household incomes near the national median ($73,469). There are 15 daycare centers operations in ZIP 84107.

Area Profile

37,548

Population

$73,469

Median Income

-1% vs. national

Urban

Area Type

14.5/20

Foot Traffic

Very Car-Dependent

Median Age: 35.0 — mixed-age market, broad menu appeal.

College-Educated: 26.9% — balanced market for quality & value.

Competition

Daycare Centers and related businesses in ZIP 84107.

Daycare Centers

Moderate — proven market

4.0 per 10K residents

Operating Costs

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

$1,650

2BR Fair Market Rent

$1,387

Median Gross Rent

$430 K

Median Home Value

Bank Branches

$1.5 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.