Private Schools Market: ZIP 10924
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 10924 is an urban area with moderate foot traffic. with a population of 13,612 and household incomes well above the national median ($114,567). There are 4 private schools operations in ZIP 10924.
Area Profile
13,612
Population
$114,567
Median Income
+54% vs. national
Urban
Area Type
10.8/20
Foot Traffic
Walkable
Median Age: 45.8 —
older demographic, may prefer sit-down options.
College-Educated: 29.5% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 10924.
4
Private Schools
Low competition — room to establish
2.9 per 10K residents
8
Child Care Centers
5.9 per 10K residents
What this means:
Private Schools are 33.3% of the relevant market in ZIP 10924 (4 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,840
2BR Fair Market Rent
$1,668
Median Gross Rent
$430 K
Median Home Value
6
Bank Branches
$550 K deposits
Tips for Starting a Private School Business in New York
- 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 $114,567. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 4
- Related Businesses
- 8
- Bank Branches
- 6
vs. National Average
Median Income
+54% vs. $74,580
Walkability
+0.3 pts vs. national avg
Nearby Markets
10921
3.5 mi
Pop: 4,358
$107,500
10958
4.9 mi
Pop: 2,717
$156,250
Walk: 5.2
10918
6.7 mi
Pop: 11,937
$147,011
Walk: 8.6
10941
7.6 mi
Pop: 14,761
$95,938
Walk: 6.6
10990
7.9 mi
Pop: 20,370
$123,199
Walk: 5.5
10973
8.8 mi
Pop: 2,300
$133,508
Walk: 5.2
10916
8.8 mi
Pop: 4,531
$115,227
10940
9.8 mi
Pop: 53,099
$87,198
Walk: 11.2
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