Daycare Centers Market: ZIP 84624
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84624 is an rural area. with a population of 5,956 and household incomes near the national median ($70,581). There are 3 daycare centers operations in ZIP 84624.
Area Profile
5,956
Population
$70,581
Median Income
-5% vs. national
Rural
Area Type
Median Age: 32.7 —
mixed-age market, broad menu appeal.
College-Educated: 14.4% —
value-focused market, keep prices competitive.
Competition
Daycare Centers and related businesses in ZIP 84624.
3
Daycare Centers
Low competition — room to establish
5.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,020
2BR Fair Market Rent
$1,007
Median Gross Rent
$260 K
Median Home Value
2
Bank Branches
$160 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.
- This is a rural ZIP. Your customer radius is wider, marketing costs are lower, but you'll work harder for each lead.
Quick Facts
- Area Type
- Rural
- Daycare Centers
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-5% vs. $74,580
Nearby Markets
Check Another Market
Or estimate costs with the DaycareCalc calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits