Franchise Businesses Market: ZIP 84020
Opportunity Score
81
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84020 is an urban area with low foot traffic. with a population of 50,159 and household incomes well above the national median ($130,680).
Area Profile
50,159
Population
$130,680
Median Income
+75% vs. national
Urban
Area Type
8.5/20
Foot Traffic
Car-Dependent
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 31.7% —
balanced market for quality & value.
Competition
Franchise Businesses and related businesses in ZIP 84020.
71
Business Consultants
14.2 per 10K residents
4
Small Business Lenders
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,080
2BR Fair Market Rent
$1,812
Median Gross Rent
$730 K
Median Home Value
17
Bank Branches
$100 M deposits
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 $130,680. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 75
- Bank Branches
- 17
vs. National Average
Median Income
+75% vs. $74,580
Walkability
-2.0 pts vs. national avg
Nearby Markets
84094
5.1 mi
Pop: 28,277
$102,881
Walk: 13.5
84065
5.4 mi
Pop: 50,284
$122,809
Walk: 13.8
84070
5.7 mi
Pop: 30,348
$79,414
Walk: 14.2
84043
6.0 mi
Pop: 81,839
$125,598
Walk: 9.6
84095
6.7 mi
Pop: 38,240
$123,082
Walk: 11.3
84093
7.2 mi
Pop: 23,998
$132,453
Walk: 12.6
84047
8.3 mi
Pop: 36,573
$73,120
Walk: 15.5
84088
9.4 mi
Pop: 38,915
$100,532
Walk: 13.4
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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