Home › ZIP 84119

Daycare Centers Market: ZIP 84119

Opportunity Score

75 / 100 Good

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

Market Summary

ZIP 84119 is an urban area with moderate foot traffic. with a population of 50,745 and household incomes near the national median ($66,616). There are 23 daycare centers operations in ZIP 84119.

Area Profile

50,745

Population

$66,616

Median Income

-11% vs. national

Urban

Area Type

13.7/20

Foot Traffic

Walkable

Median Age: 28.8 — young market, strong street food demand.

College-Educated: 9.5% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 84119.

Daycare Centers

Competitive — differentiation needed

4.5 per 10K residents

Schools

2.8 per 10K residents

What this means: Daycare Centers are 62.2% of the relevant market in ZIP 84119 (23 vs. 14 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,610

2BR Fair Market Rent

$1,418

Median Gross Rent

$340 K

Median Home Value

Bank Branches

$770 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.