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Daycare Centers Market: ZIP 84404

Opportunity Score

75 / 100 Good

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

Market Summary

ZIP 84404 is an urban area with moderate foot traffic. with a population of 65,875 and household incomes above the national median ($81,917). There are 21 daycare centers operations in ZIP 84404.

Area Profile

65,875

Population

$81,917

Median Income

+10% vs. national

Urban

Area Type

11.8/20

Foot Traffic

Walkable

Median Age: 34.0 — mixed-age market, broad menu appeal.

College-Educated: 13.7% — value-focused market, keep prices competitive.

Competition

Daycare Centers and related businesses in ZIP 84404.

Daycare Centers

Competitive — differentiation needed

3.2 per 10K residents

Schools

0.5 per 10K residents

What this means: Daycare Centers are 87.5% of the relevant market in ZIP 84404 (21 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,340

2BR Fair Market Rent

$1,304

Median Gross Rent

$350 K

Median Home Value

Bank Branches

$330 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.