Market Analysis
The Silicon Slopes tech hub with a young, educated workforce.
200K
Population
$60,629
Median Income
12,000+
Active Businesses
4
Key Industries
Technology
Major market sector
Outdoor Recreation
Major market sector
Healthcare
Major market sector
Finance
Major market sector
Understanding the demographics of Salt Lake City is critical for any business decision. With a population of 200K and a median household income of $60,629, the local consumer base presents distinct opportunities depending on your industry and target customer.
Local spending patterns in Salt Lake City reflect the city's economic profile, with particularly strong consumer activity in technology and outdoor recreation sectors.
The Salt Lake City labor market benefits from its concentration of technology industry professionals, providing a skilled talent pool for businesses in related sectors.
Population and economic trends in Salt Lake City, UT indicate ongoing market evolution, creating both opportunities and competitive pressures for new and existing businesses.
With 12,000+ active businesses, Salt Lake City presents a dynamic competitive environment. The market is characterized by strong activity in Technology, Outdoor Recreation, Healthcare, with opportunities for differentiation in underserved segments and emerging neighborhoods.
An Area Recon report for Salt Lake City includes detailed competitive mapping, business density analysis, and gap identification across all major sectors. Understand exactly where opportunities exist before committing to a location.
Generate a comprehensive market intelligence report with competitor analysis, demographics, and gap analysis for Salt Lake City, UT.
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