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New Car Dealers Market: ZIP 84057

Opportunity Score

60 / 100 Good

Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84057 is an urban area with moderate foot traffic. with a population of 37,620 and household incomes above the national median ($80,184). There are 3 new car dealers operations in ZIP 84057.

Area Profile

37,620

Population

$80,184

Median Income

+8% vs. national

Urban

Area Type

14.8/20

Foot Traffic

Very Car-Dependent

Median Age: 28.3 — young market, strong street food demand.

College-Educated: 22.2% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 84057.

New Car Dealers

Low competition — room to establish

0.8 per 10K residents

Gas Stations

2.4 per 10K residents

Used Car Dealers

2.7 per 10K residents

What this means: New Car Dealers are 13.6% of the relevant market in ZIP 84057 (3 vs. 19 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,270

2BR Fair Market Rent

$1,408

Median Gross Rent

$400 K

Median Home Value

Bank Branches

$1.4 M 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.