New Car Dealers Market: ZIP 84047
Opportunity Score
75
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84047 is an urban area with high foot traffic. with a population of 36,573 and household incomes near the national median ($73,120).
Area Profile
36,573
Population
$73,120
Median Income
-2% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 33.0 —
mixed-age market, broad menu appeal.
College-Educated: 23.7% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 84047.
12
Gas Stations
3.3 per 10K residents
14
Used Car Dealers
3.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,720
2BR Fair Market Rent
$1,482
Median Gross Rent
$400 K
Median Home Value
10
Bank Branches
$900 K deposits
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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 26
- Bank Branches
- 10
vs. National Average
Median Income
-2% vs. $74,580
Walkability
+5.0 pts vs. national avg
Nearby Markets
84070
2.6 mi
Pop: 30,348
$79,414
Walk: 14.2
84107
3.0 mi
Pop: 37,548
$73,469
Walk: 14.5
84123
3.6 mi
Pop: 36,913
$80,079
Walk: 13.4
84094
3.7 mi
Pop: 28,277
$102,881
Walk: 13.5
84093
4.6 mi
Pop: 23,998
$132,453
Walk: 12.6
84117
5.0 mi
Pop: 24,873
$87,451
Walk: 15.3
84088
5.0 mi
Pop: 38,915
$100,532
Walk: 13.4
84084
5.1 mi
Pop: 31,389
$94,214
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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