Private Schools Market: ZIP 08840
Opportunity Score
69
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 08840 is an urban area with moderate foot traffic. with a population of 17,934 and household incomes well above the national median ($150,938). There are 3 private schools operations in ZIP 08840.
Area Profile
17,934
Population
$150,938
Median Income
+102% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 39.4 —
mixed-age market, broad menu appeal.
College-Educated: 42.8% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 08840.
3
Private Schools
Low competition — room to establish
1.7 per 10K residents
7
Child Care Centers
3.9 per 10K residents
What this means:
Private Schools are 30.0% of the relevant market in ZIP 08840 (3 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,530
2BR Fair Market Rent
$1,994
Median Gross Rent
$520 K
Median Home Value
7
Bank Branches
$1.4 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 7
- Bank Branches
- 7
vs. National Average
Median Income
+102% vs. $74,580
Walkability
+2.6 pts vs. national avg
Nearby Markets
08837
2.2 mi
Pop: 19,954
$107,948
Walk: 13.4
08820
2.4 mi
Pop: 39,392
$168,453
Walk: 11.4
08817
3.1 mi
Pop: 47,924
$109,734
Walk: 12.4
08863
3.3 mi
Pop: 13,052
$116,250
Walk: 14.1
08830
3.5 mi
Pop: 19,151
$112,615
Walk: 13.7
08832
3.5 mi
Pop: 2,793
$65,948
07080
4.4 mi
Pop: 24,215
$126,161
Walk: 14.0
07067
4.6 mi
Pop: 18,294
$134,301
Walk: 12.9
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