Private Schools Market: ZIP 60616
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 60616 is an urban area with high foot traffic. with a population of 54,456 and household incomes above the national median ($77,841). There are 4 private schools operations in ZIP 60616.
Area Profile
54,456
Population
$77,841
Median Income
+4% vs. national
Urban
Area Type
15.4/20
Foot Traffic
Very Walkable
Median Age: 37.4 —
mixed-age market, broad menu appeal.
College-Educated: 40.8% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 60616.
4
Private Schools
Low competition — room to establish
0.7 per 10K residents
18
Child Care Centers
3.3 per 10K residents
What this means:
Private Schools are 18.2% of the relevant market in ZIP 60616 (4 vs. 18 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,880
2BR Fair Market Rent
$1,329
Median Gross Rent
$390 K
Median Home Value
12
Bank Branches
$2.4 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 4
- Related Businesses
- 18
- Bank Branches
- 12
vs. National Average
Median Income
+4% vs. $74,580
Walkability
+4.9 pts vs. national avg
Nearby Markets
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