Private Schools Market: ZIP 60110
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60110 is an urban area with moderate foot traffic. with a population of 39,028 and household incomes above the national median ($87,714).
Area Profile
39,028
Population
$87,714
Median Income
+18% vs. national
Urban
Area Type
10.9/20
Foot Traffic
Walkable
Median Age: 33.8 —
mixed-age market, broad menu appeal.
College-Educated: 14.3% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 60110.
3
Child Care Centers
0.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,850
2BR Fair Market Rent
$1,421
Median Gross Rent
$220 K
Median Home Value
8
Bank Branches
$1 M deposits
Tips for Starting a Private School Business in Illinois
- 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
- Related Businesses
- 3
- Bank Branches
- 8
vs. National Average
Median Income
+18% vs. $74,580
Walkability
+0.4 pts vs. national avg
Nearby Markets
60118
1.3 mi
Pop: 15,692
$104,572
Walk: 9.9
60102
3.7 mi
Pop: 32,303
$128,070
Walk: 9.0
60123
5.2 mi
Pop: 48,821
$86,762
Walk: 13.7
60136
6.1 mi
Pop: 8,623
$124,338
Walk: 11.2
60156
6.5 mi
Pop: 28,853
$113,491
Walk: 7.8
60120
6.6 mi
Pop: 50,774
$80,305
Walk: 12.9
60192
7.0 mi
Pop: 16,662
$149,992
Walk: 11.0
60021
7.6 mi
Pop: 5,108
$122,005
Walk: 5.8
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