Private Schools Market: ZIP 00920
Opportunity Score
43
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 00920 is an urban area with low foot traffic. with a population of 16,403 and household incomes below the national median ($29,914).
Area Profile
16,403
Population
$29,914
Median Income
-60% vs. national
Urban
Area Type
6.0/20
Foot Traffic
Very Car-Dependent
Median Age: 45.6 —
older demographic, may prefer sit-down options.
College-Educated: 29.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$740
2BR Fair Market Rent
$753
Median Gross Rent
$150 K
Median Home Value
2
Bank Branches
$460 K deposits
Tips for Starting a Private School Business in ZIP 00920
- Accreditation takes 2-3 years but determines whether your tuition qualifies for tax credits and whether colleges recognize your diplomas.
- Your first 50 students are the hardest. Most private schools break even around 80-120 students. Plan for 2-3 years of operating losses.
- Facility costs dominate. Leasing a church or community center cuts your startup cost by 60-80% vs. building or buying.
- Teacher salaries run 15-30% below public school equivalents. You'll attract mission-driven educators, but benefits and culture have to compensate.
- Median income sits at $29,914. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
-60% vs. $74,580
Walkability
-4.5 pts vs. national avg
Nearby Markets
00968
1.3 mi
Pop: 3,488
$60,353
Walk: 4.9
00965
1.4 mi
Pop: 5,886
$16,516
Walk: 7.2
00918
1.6 mi
Pop: 16,379
$36,872
Walk: 5.7
00934
2.0 mi
Pop: 80
00921
2.1 mi
Pop: 34,197
$21,797
Walk: 6.5
00909
2.1 mi
Pop: 5,466
$26,066
Walk: 6.5
00907
2.1 mi
Pop: 15,911
$42,116
Walk: 5.9
00966
2.3 mi
Pop: 17,715
$56,421
Walk: 5.4
Check Another Market
Or estimate costs with the PrivateSchoolCost 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