PrivateSchoolCost
Showing results for ZIP 47993 (IN)
Home ZIP 46016

Private Schools Market: ZIP 46016

Opportunity Score
41 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 46016 is an urban area with low foot traffic. with a population of 18,380 and household incomes below the national median ($35,543). There are 3 private schools operations in ZIP 46016.

Area Profile

18,380
Population
$35,543
Median Income
-52% vs. national
Urban
Area Type
9.1/20
Foot Traffic
Very Car-Dependent
Median Age: 33.8 — mixed-age market, broad menu appeal.
College-Educated: 6.4% — value-focused market, keep prices competitive.

Competition

Private Schools and related businesses in ZIP 46016.

3
Private Schools
Low competition — room to establish
1.6 per 10K residents
5
Child Care Centers
2.7 per 10K residents
What this means: Private Schools are 37.5% of the relevant market in ZIP 46016 (3 vs. 5 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,040
2BR Fair Market Rent
$864
Median Gross Rent
$66 K
Median Home Value
3
Bank Branches
$490 K deposits

Quick Facts

Area Type
Urban
Foot Traffic
Very Car-Dependent
Private Schools
3
Related Businesses
5
Bank Branches
3

vs. National Average

Median Income
-52% vs. $74,580
Walkability
-1.4 pts vs. national avg

Check Another Market

Or estimate costs with the PrivateSchoolCost calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits