New Car Dealers 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
New Car Dealers and related businesses in ZIP 84005.
6
Gas Stations
1.2 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 Ev Vs Gas Business in Utah
- EV inventory allocation from manufacturers is tied to your state's ZEV mandate status. Dealers in ZEV states get more inventory. Period.
- Charging infrastructure in your area determines EV demand. Check PlugShare for the local charging density before stocking inventory.
- Used EV margins are volatile. Battery degradation concerns suppress resale values unpredictably. Factor in extended warranty costs.
- Service revenue per EV is 30-40% lower than gas vehicles. Fewer parts, fewer oil changes. Your service department model needs adjusting.
- 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
- 6
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
Or estimate costs with the EVGasCompare 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