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Score 83.65. Moderate competition. Good entry point.
Advanced Site Intelligence
Best Retail Store Location in Salt Lake City
With 209K residents and $72K average household income, Salt Lake City presents a very high growth opportunity for retail stores operating in the $30/sqft commercial market.
Launching a retail store in Salt Lake City requires $120K capital against $72K household income (1.7x multiple).
83/100 opportunity score
1,257,000 metro residents
$72,000 average income
73/100 launch timing score
Good - Favorable Window
209K
Local Population
$72K
Earning Power
High
Business Saturation
5
Industry Presence
Interactive Location Finder
Find the Best Retail Store Location in Salt Lake City
Interactive map analysis for Salt Lake City. Click any area to reveal foot traffic patterns, competitor density, and demographic insights for your retail store.
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Retail Store Finder
Salt Lake City, United States
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✓ Competitor map
✓ Foot traffic data
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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
Market Readiness: Retail Store in Salt Lake City
What makes Salt Lake City distinct for retail store operators
83
/ 100
Market Opportunity
Based on 7 comprehensive market factors
High Potential
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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Unique Market Intelligence
Inside Salt Lake City's Commercial Landscape
quantitative site ranking
Market Position
Salt Lake City positioning
Launching a retail store in Salt Lake City requires $120K capital against $72K household income (1.7x multiple).
Location costs run $30/sqft (71 walkability score), totaling $30,000/mo for standard retail footprint.
Consumer base of 1.3M at $72K average income drives a $91B economic opportunity.
Entry conditions: 1.7x funding multiple against moderate competition and very high trajectory.
Viability assessment: 1.7x capital needs, 71/100 exposure, $30/sqft overhead yields 84/100 score.
Salt Lake City runs on Technology and Finance, supporting $72K earners.
Market growing at 2.5% annually. Moderate competitive environment. Stable outlook.
$120K startup. 20 local income-months to break even.
Competitive Position
National ranking for retail stores
Score: 83.65/100. 1.3M people. $72K income.
Retail Store costs $120K to open. Income ratio: 0.60x.
Traffic: 71. Rent: $30/sqft. Income: $72K.
Very High growth. Moderate competition. Score: 83.65.
1.3M metro. $30/sqft rent. 71 foot traffic.
$120K startup. $30,000/mo rent. 20 income-months to recoup.
Score 83.65. Moderate competition. Good entry point.
$90.5B total income across 1.3M people.
Strategic Recommendations
Actionable strategies tailored for Salt Lake City
Very High growth. Moderate competition. Plan accordingly.
Traffic: 71. Rent: $30/sqft. $30,000/mo for 1000 sqft.
$72K income. Mid-tier pricing works. Offer options.
Retail Store: $120K to open. 20 income-months to recoup.
Traffic 71. Balanced. Mix storefront and digital.
1.3M metro. Focus on one location first.
$360,000/yr rent. 500.0% of local income. Factor that in.
Very High growth absorbs Moderate competition. Worth entering.
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
National Benchmarks
How Salt Lake City dominates
based on 71/100 traffic metrics
Household earnings of $72,000 in Salt Lake City represent a 78% premium versus the $40,492 market average.
Operating costs at $30/sqft represent a 8% savings compared to $33/sqft typical rates.
The 71/100 pedestrian score represents 10% weaker organic discovery versus market baseline (79/100).
Salt Lake City's 1.3M metro area is 67% smaller than typical (3.8M), offering focused market dynamics.
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
District-by-District: Salt Lake City
Where $30/sqft meets 71/100 foot traffic in Salt Lake City
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
| City | Population | Avg Income | Market Score | Action |
|---|---|---|---|---|
| Salt Lake City ⭐ | 1,257,000 | $72,000 |
|
Current City |
| Atlanta | 6,307,000 | $71,000 |
|
Details → |
| Plano | 7,760,000 | $102,000 |
|
Compare → |
| Frisco | 7,760,000 | $127,000 |
|
Check it → |
| Fort Lauderdale | 6,166,000 | $73,000 |
|
Review → |
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.
02
In Salt Lake City, Foot traffic becomes the tiebreaker because 71/100 foot traffic readings.
03
Salt Lake City outperforms Atlanta by -7 points on the opportunity index, highlighting why the city commands premium rents.
04
Our retail store opportunity index scores Salt Lake City at 84/100—reflecting $72,000 resident earnings and 71 traffic rating.
05
Viability assessment: 1.7x capital needs, 71/100 exposure, $30/sqft overhead yields 84/100 score.
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?
$360,000/yr rent. 500.0% of local income. Factor that in.
What makes the Salt Lake City market distinctive?
Viability assessment: 1.7x capital needs, 71/100 exposure, $30/sqft overhead yields 84/100 score.
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.