New Car Dealers Market: ZIP 84720
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84720 is an suburban area with low foot traffic. with a population of 24,323 and household incomes near the national median ($63,742).
Area Profile
24,323
Population
$63,742
Median Income
-15% vs. national
Suburban
Area Type
9.6/20
Foot Traffic
Very Car-Dependent
Median Age: 29.6 —
young market, strong street food demand.
College-Educated: 19.2% —
value-focused market, keep prices competitive.
Competition
New Car Dealers and related businesses in ZIP 84720.
10
Gas Stations
4.1 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,220
2BR Fair Market Rent
$932
Median Gross Rent
$360 K
Median Home Value
5
Bank Branches
$460 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
- Suburban
- Foot Traffic
- Very Car-Dependent
- Related Businesses
- 10
- Bank Branches
- 5
vs. National Average
Median Income
-15% vs. $74,580
Walkability
-0.9 pts vs. national avg
Nearby Markets
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