Private Schools Market: ZIP 19115
Opportunity Score
55
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 19115 is an urban area with moderate foot traffic. with a population of 34,737 and household incomes near the national median ($70,388). There are 3 private schools operations in ZIP 19115.
Area Profile
34,737
Population
$70,388
Median Income
-6% vs. national
Urban
Area Type
12.9/20
Foot Traffic
Walkable
Median Age: 44.8 —
older demographic, may prefer sit-down options.
College-Educated: 27.8% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 19115.
3
Private Schools
Low competition — room to establish
0.9 per 10K residents
8
Child Care Centers
2.3 per 10K residents
What this means:
Private Schools are 27.3% of the relevant market in ZIP 19115 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,570
2BR Fair Market Rent
$1,230
Median Gross Rent
$330 K
Median Home Value
10
Bank Branches
$1.4 M deposits
Tips for Starting a Private School Business in Pennsylvania
- 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 8
- Bank Branches
- 10
vs. National Average
Median Income
-6% vs. $74,580
Walkability
+2.4 pts vs. national avg
Nearby Markets
19152
2.0 mi
Pop: 35,566
$57,966
Walk: 14.4
19116
2.7 mi
Pop: 33,421
$67,558
Walk: 14.0
19006
2.9 mi
Pop: 23,211
$124,302
Walk: 11.9
19111
3.3 mi
Pop: 65,821
$60,441
Walk: 14.6
19114
3.3 mi
Pop: 31,071
$76,076
Walk: 13.6
19009
3.5 mi
Pop: 1,153
$142,188
Walk: 13.8
19136
3.8 mi
Pop: 35,898
$65,499
Walk: 14.5
19149
4.0 mi
Pop: 57,226
$54,679
Walk: 14.8
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