Franchise Businesses Market: ZIP 84106
Opportunity Score
84
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84106 is an urban area with high foot traffic. with a population of 33,791 and household incomes above the national median ($94,452).
Area Profile
33,791
Population
$94,452
Median Income
+27% vs. national
Urban
Area Type
15.9/20
Foot Traffic
Very Walkable
Median Age: 35.7 —
mixed-age market, broad menu appeal.
College-Educated: 41.9% —
strong appetite for artisan/specialty food.
Competition
Franchise Businesses and related businesses in ZIP 84106.
22
Business Consultants
6.5 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
$1,576
Median Gross Rent
$530 K
Median Home Value
9
Bank Branches
$1 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 22
- Bank Branches
- 9
vs. National Average
Median Income
+27% vs. $74,580
Walkability
+5.4 pts vs. national avg
Nearby Markets
84105
2.2 mi
Pop: 22,963
$94,145
Walk: 15.1
84115
2.6 mi
Pop: 28,411
$61,505
Walk: 15.2
84117
3.4 mi
Pop: 24,873
$87,451
Walk: 15.3
84102
3.7 mi
Pop: 19,145
$50,040
Walk: 14.2
84107
3.9 mi
Pop: 37,548
$73,469
Walk: 14.5
84111
3.9 mi
Pop: 12,446
$57,188
Walk: 15.7
84112
4.2 mi
Pop: 2,738
Walk: 7.5
84113
4.2 mi
Pop: 256
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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