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Salt Lake City's 83.65/100 rating places it ahead of 75% of markets for Retail Store launches
Data-Driven Market Intelligence
Best Retail Store Location in Salt Lake City
Marketlyzer calculates a 83/100 opportunity score for retail stores in Salt Lake City, supported by high competition and $72,000 average income, plus a 71/100 foot traffic index.
At 1.7:1, Salt Lake City's capital-to-earnings multiple stays favorable thanks to $72,000 resident income—enabling faster breakeven for Retail Stores
83/100 opportunity score
1,257,000 metro residents
$72,000 average income
73/100 launch timing score
Good - Favorable Window
209K
City Population
$72K
Avg Income
High
Business Density
5
Key Industries
Interactive Location Finder
Find the Best Retail Store Location in Salt Lake City
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Retail Store Finder
Salt Lake City, United States
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✓ Competitor map
✓ Foot traffic data
✓ Optimal zones
✓ Revenue estimate
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Competitor Locations
Opportunity Zones
High Traffic Areas
1,257,000 potential customers in metro area
500+ businesses helped
Real-time market data
AI-powered recommendations
Market Analysis
Retail Store Opportunity Score
Data-driven potential for success in Salt Lake City based on 7 key market factors
83
/ 100
Market Opportunity
Based on 7 comprehensive market factors
Strong Opportunity
Financial Overview
Average Startup Cost
$120,000
Industry Success Rate
32%
Expected ROI Timeline
12-24 months
Customer Draw Radius
2,000m
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We'll show you the exact neighborhoods and addresses where your retail store will thrive—with competitor gaps, foot traffic data, and revenue potential.
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Unique Market Intelligence
Salt Lake City Retail Store Insights
Data-driven analysis unique to this market combination
Market Position Analysis
Unique positioning insights for Salt Lake City
At 1.7:1, Salt Lake City's capital-to-earnings multiple stays favorable thanks to $72,000 resident income—enabling faster breakeven for Retail Stores
Market density rewards innovation in Salt Lake City's balanced Retail Store scene, with 71 traffic rating
Retail Stores gain 2x market leverage from Salt Lake City's Finance, Tourism workforce
Competitive Market Position
How Salt Lake City ranks nationally for retail stores
Salt Lake City's 83.65/100 rating places it ahead of 75% of markets for Retail Store launches
Residents averaging $72,000 give Salt Lake City an upper-middle market character fitting value-conscious Retail Store concepts
Strategic Recommendations
Actionable strategies tailored for Salt Lake City
⏰ Accelerated timeline recommended: Salt Lake City's explosive growth trajectory won't last forever. Launch within 6-9 months to ride the expansion wave while Retail Store opportunities remain abundant.
📍 Real estate advantage: Salt Lake City's $30/sqft lets you lock in prime corners that'd cost 2-3x elsewhere. The 71 traffic index means investing in storefront appeal and local marketing to compensate for lower natural flow.
💰 Middle-premium sweet spot: Salt Lake City's $72,000 income supports good-better-best pricing for Retail Stores. Anchor with mid-tier offerings, then upsell 30-40% of customers to premium options with clear value differentiation.
👥 Staffing advantage: 48% college-educated population provides strong talent pool - hire locally for Salt Lake City Retail Store operations
📢 Balanced approach: Salt Lake City's 71 foot traffic provides baseline awareness, but allocate 6-8% of revenue to digital marketing (Google, social) to fill gaps and drive intentional visits. Track which channels deliver actual customers, not just impressions.
Launch Timing & Momentum
Align your opening window with market-ready signals
Entry Signal
Good - Favorable Window
Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.
Timing score: 73/100
- 🚀 Very high growth trajectory - first-mover advantage available
- ⚖️ Moderate competition - balanced market entry
- 🚶 Good foot traffic (71) - organic visibility
Seasonal Levers
- Holiday shopping
- Back-to-school
- Seasonal merchandise
Retail Store Market Analysis for Salt Lake City
Why Salt Lake City for Retail Stores?
- Metro population of 1,257,000 provides large customer base
- Average income of $72,000 supports retail store spending
- High business density indicates healthy economic activity
- Strong foot traffic opportunities throughout the city
- Strong demographics opportunities throughout the city
Retail Store Success Factors
Foot traffic
Essential
Demographics
Essential
Anchor stores
Essential
Parking
Essential
Competition
Essential
Shopping patterns
Essential
Seasonal Considerations for Salt Lake City
Holiday shopping
Back-to-school
Seasonal merchandise
Best Salt Lake City Neighborhoods for Retail Stores
Data-driven analysis of optimal areas based on retail store success factors
Downtown Salt Lake City
High Potential
Highest foot traffic in city
Premium pricing potential
Diverse customer base
Business District
Strong Weekday
Office worker demographics
Peak lunch & after-work hours
Catering opportunities
Suburban Areas
Growth Area
Family-oriented demographics
Lower competition density
Ample parking available
Salt Lake City vs Other United States Cities for Retail Stores
Market Signals
Retail Store Insights Unique to Salt Lake City
Every business + city URL now shows a different mix of ratios, rent dynamics, and demand levers.
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In Salt Lake City, Foot traffic becomes the tiebreaker because 71/100 foot traffic readings.
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Salt Lake City outperforms Atlanta by -7 points on the opportunity index, highlighting why the city commands premium rents.
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Our retail store opportunity index scores Salt Lake City at 84/100—reflecting $72,000 resident earnings and 71 traffic rating.
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At 1.7:1, Salt Lake City's capital-to-earnings multiple stays favorable thanks to $72,000 resident income—enabling faster breakeven for Retail Stores
FAQ
Retail Store FAQs for Salt Lake City
Each answer references real Salt Lake City data so this section is unique across the site.
What operational lever matters most for retail stores in Salt Lake City?
Foot traffic should lead your playbook because 71/100 foot traffic readings when launching in Salt Lake City.
How does Salt Lake City compare to other retail store markets?
Salt Lake City's -7-point edge over Atlanta stems from better income demographics and foot traffic patterns.
What playbook works best for retail stores in Salt Lake City?
📢 Balanced approach: Salt Lake City's 71 foot traffic provides baseline awareness, but allocate 6-8% of revenue to digital marketing (Google, social) to fill gaps and drive intentional visits. Track which channels deliver actual customers, not just impressions.
What makes the Salt Lake City market distinctive?
At 1.7:1, Salt Lake City's capital-to-earnings multiple stays favorable thanks to $72,000 resident income—enabling faster breakeven for Retail Stores
Data Sources & Methodology
Our analysis combines multiple authoritative data sources
Economic Data
- World Bank Open Data
- International Monetary Fund (IMF)
- National Census Bureaus
Business Intelligence
- Ease of Doing Business Index
- Global Innovation Index
- Industry Association Reports
Demographics
- UN Population Division
- Municipal Open Data Portals
- Consumer Expenditure Surveys
Real Estate
- Commercial Real Estate Listings
- CoStar Market Analytics
- Local Zoning Databases
Methodology Note: Our opportunity scores are calculated using a weighted algorithm that considers population density, income levels, competition saturation, commercial rent costs, and industry-specific success factors. Data is refreshed quarterly from authoritative sources. Individual results may vary based on specific business circumstances, local regulations, and market conditions not captured in aggregate data.
Ready to Open Your Retail Store in Salt Lake City?
Good - Favorable Window with a 83/100 opportunity score, high competition, and a 71/100 foot traffic index. Strong market conditions support entry. Develop detailed business plan and secure financing within next 3-6 months.