Private Schools Market: ZIP 11716
Opportunity Score
100
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 11716 is an urban area. with a population of 9,750 and household incomes well above the national median ($120,344).
Area Profile
9,750
Population
$120,344
Median Income
+61% vs. national
Urban
Area Type
Median Age: 42.6 —
older demographic, may prefer sit-down options.
College-Educated: 29.9% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 11716.
6
Child Care Centers
6.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,800
2BR Fair Market Rent
$2,425
Median Gross Rent
$510 K
Median Home Value
6
Bank Branches
$1.1 M 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 $120,344. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Related Businesses
- 6
- Bank Branches
- 6
vs. National Average
Median Income
+61% vs. $74,580
Nearby Markets
11779
2.9 mi
Pop: 38,273
$117,684
Walk: 9.1
11752
3.0 mi
Pop: 8,990
$148,538
Walk: 7.0
11769
3.0 mi
Pop: 9,031
$128,419
Walk: 7.2
11749
3.2 mi
Pop: 3,581
$112,435
11796
4.0 mi
Pop: 3,715
$162,443
Walk: 9.0
11722
4.3 mi
Pop: 38,443
$110,365
Walk: 8.5
11741
4.6 mi
Pop: 26,356
$138,417
Walk: 7.9
11782
4.7 mi
Pop: 14,537
$144,786
Walk: 8.6
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