Franchise Businesses Market: ZIP 84098
Opportunity Score
80
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84098 is an rural area with low foot traffic. with a population of 20,311 and household incomes well above the national median ($171,151).
Area Profile
20,311
Population
$171,151
Median Income
+129% vs. national
Rural
Area Type
7.9/20
Foot Traffic
Car-Dependent
Median Age: 41.9 —
older demographic, may prefer sit-down options.
College-Educated: 48.5% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 84098.
62
Business Consultants
30.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,160
2BR Fair Market Rent
$2,729
Median Gross Rent
$1.1 M
Median Home Value
4
Bank Branches
$920 K 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 $171,151. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
- Foot Traffic
- Car-Dependent
- Related Businesses
- 62
- Bank Branches
- 4
vs. National Average
Median Income
+129% vs. $74,580
Walkability
-2.6 pts vs. national avg
Nearby Markets
84060
7.3 mi
Pop: 8,575
$132,412
Walk: 7.3
84109
12.2 mi
Pop: 25,879
$136,823
Walk: 12.8
84121
13.9 mi
Pop: 39,204
$114,912
Walk: 13.8
84108
14.1 mi
Pop: 21,951
$120,469
Walk: 14.7
84061
14.8 mi
Pop: 315
$121,369
Walk: 6.2
84092
18.4 mi
Pop: 28,162
$153,333
Walk: 9.8
84124
18.9 mi
Pop: 22,992
$117,500
Walk: 13.7
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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