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Home ZIP 84120

New Car Dealers Market: ZIP 84120

Opportunity Score
65 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 84120 is an urban area with moderate foot traffic. with a population of 50,589 and household incomes above the national median ($90,847). There are 6 new car dealers operations in ZIP 84120.

Area Profile

50,589
Population
$90,847
Median Income
+22% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 30.9 — mixed-age market, broad menu appeal.
College-Educated: 8.7% — value-focused market, keep prices competitive.

Competition

New Car Dealers and related businesses in ZIP 84120.

6
New Car Dealers
Moderate — proven market
1.2 per 10K residents
5
Gas Stations
1.0 per 10K residents
5
Used Car Dealers
1.0 per 10K residents
What this means: New Car Dealers are 37.5% of the relevant market in ZIP 84120 (6 vs. 10 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

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

$1,710
2BR Fair Market Rent
$1,434
Median Gross Rent
$370 K
Median Home Value
3
Bank Branches
$160 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.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits