Franchise Businesses Market: ZIP 84005
Opportunity Score
92
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84005 is an urban area. with a population of 49,116 and household incomes well above the national median ($105,576).
Area Profile
49,116
Population
$105,576
Median Income
+42% vs. national
Urban
Area Type
Median Age: 22.0 —
young market, strong street food demand.
College-Educated: 17.8% —
value-focused market, keep prices competitive.
Competition
Franchise Businesses and related businesses in ZIP 84005.
14
Business Consultants
2.9 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,995
Median Gross Rent
$470 K
Median Home Value
Tips for Starting a Franchise Business in Utah
- Franchise fees range from $10K to $100K+ depending on the brand. That's before buildout, equipment, or working capital. Read the FDD (Franchise Disclosure Document) line by line.
- Royalties run 4-8% of gross revenue. Every month. Forever. That's gross, not net. Factor this into your break-even math from day one.
- Talk to at least 10 existing franchisees before signing. The FDD lists every current and former franchisee. Call the ones who left. They'll be honest.
- Territory protection matters. Some franchises let other franchisees open 2 miles away. Verify your exclusive territory in writing.
- The median income here is $105,576. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 14
vs. National Average
Median Income
+42% vs. $74,580
Nearby Markets
84045
5.3 mi
Pop: 43,369
$123,870
84013
6.8 mi
Pop: 719
$104,405
84043
10.6 mi
Pop: 81,839
$125,598
Walk: 9.6
84065
12.4 mi
Pop: 50,284
$122,809
Walk: 13.8
84096
13.3 mi
Pop: 71,115
$117,800
Walk: 11.6
84020
15.2 mi
Pop: 50,159
$130,680
Walk: 8.5
84059
17.4 mi
Pop: 16,419
$101,842
84071
18.6 mi
Pop: 2,339
$132,256
Check Another Market
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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