Private Schools Market: ZIP 06119
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06119 is an urban area with moderate foot traffic. with a population of 15,011 and household incomes well above the national median ($105,522). There are 3 private schools operations in ZIP 06119.
Area Profile
15,011
Population
$105,522
Median Income
+41% vs. national
Urban
Area Type
13.6/20
Foot Traffic
Walkable
Median Age: 33.5 —
mixed-age market, broad menu appeal.
College-Educated: 49.0% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 06119.
3
Private Schools
Low competition — room to establish
2.0 per 10K residents
8
Child Care Centers
5.3 per 10K residents
What this means:
Private Schools are 27.3% of the relevant market in ZIP 06119 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,870
2BR Fair Market Rent
$1,646
Median Gross Rent
$360 K
Median Home Value
1
Bank Branches
$74 K deposits
Tips for Starting a Private School Business in Connecticut
- 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.
- The median income here is $105,522. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 8
- Bank Branches
- 1
vs. National Average
Median Income
+41% vs. $74,580
Walkability
+3.1 pts vs. national avg
Nearby Markets
06105
1.7 mi
Pop: 18,660
$41,235
Walk: 12.8
06110
2.2 mi
Pop: 12,307
$81,972
Walk: 13.2
06107
2.4 mi
Pop: 20,423
$167,659
Walk: 12.0
06106
2.4 mi
Pop: 37,809
$47,542
Walk: 14.2
06112
3.0 mi
Pop: 21,918
$47,010
Walk: 12.3
06117
3.0 mi
Pop: 15,863
$169,162
Walk: 10.8
06103
3.9 mi
Pop: 2,845
$79,476
06114
4.2 mi
Pop: 25,283
$47,905
Walk: 14.0
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