Home › ZIP 84005

Remodelers Market: ZIP 84005

Opportunity Score

81 / 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). There are 15 remodelers operations in ZIP 84005.

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

Remodelers and related businesses in ZIP 84005.

Remodelers

Moderate — proven market

3.1 per 10K residents

HVAC Contractors

3.9 per 10K residents

What this means: Remodelers are 44.1% of the relevant market in ZIP 84005 (15 vs. 19 related businesses). Well-established market — differentiation is non-negotiable.

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 Home Remodeling Business in Utah

Get your contractor's license and insurance before your first job. Operating without them is illegal in most states and one lawsuit ends you.
Kitchen and bathroom remodels have the highest margins. Whole-home renovations sound bigger but the complexity eats your profit.
Your first 10 jobs come from personal network and referrals. Don't spend on ads until you have 5-star reviews to back them up.
Material costs swing 15-30% year over year. Quote projects with current supplier pricing, not last year's numbers.
The median income here is $105,576. That gives you pricing room most markets don't offer. Don't underprice.