Private Schools Market: ZIP 28104
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 28104 is an urban area with low foot traffic. with a population of 36,232 and household incomes well above the national median ($129,775). There are 3 private schools operations in ZIP 28104.
Area Profile
36,232
Population
$129,775
Median Income
+74% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 40.8 —
older demographic, may prefer sit-down options.
College-Educated: 37.1% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 28104.
3
Private Schools
Low competition — room to establish
0.8 per 10K residents
8
Child Care Centers
2.2 per 10K residents
What this means:
Private Schools are 27.3% of the relevant market in ZIP 28104 (3 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$1,705
Median Gross Rent
$480 K
Median Home Value
5
Bank Branches
$500 K deposits
Tips for Starting a Private School Business in North Carolina
- 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 $129,775. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 3
- Related Businesses
- 8
- Bank Branches
- 5
vs. National Average
Median Income
+74% vs. $74,580
Walkability
-3.3 pts vs. national avg
Nearby Markets
28105
4.3 mi
Pop: 45,922
$104,242
Walk: 8.1
28270
5.9 mi
Pop: 32,913
$128,660
Walk: 9.0
28079
7.8 mi
Pop: 40,820
$97,602
Walk: 6.2
28277
8.3 mi
Pop: 72,375
$122,223
Walk: 9.6
28108
8.7 mi
Pop: 31
28226
9.1 mi
Pop: 38,985
$113,203
Walk: 12.1
28212
9.5 mi
Pop: 42,628
$51,530
Walk: 11.8
28173
9.8 mi
Pop: 63,503
$146,196
Walk: 5.3
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