Private Schools Market: ZIP 61107
Opportunity Score
53
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 61107 is an urban area with low foot traffic. with a population of 29,473 and household incomes above the national median ($75,492). There are 4 private schools operations in ZIP 61107.
Area Profile
29,473
Population
$75,492
Median Income
+1% vs. national
Urban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 43.2 —
older demographic, may prefer sit-down options.
College-Educated: 26.2% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 61107.
4
Private Schools
Low competition — room to establish
1.4 per 10K residents
4
Child Care Centers
1.4 per 10K residents
What this means:
Private Schools are 50.0% of the relevant market in ZIP 61107 (4 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,190
2BR Fair Market Rent
$1,053
Median Gross Rent
$170 K
Median Home Value
9
Bank Branches
$1.9 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
- Car-Dependent
- Private Schools
- 4
- Related Businesses
- 4
- Bank Branches
- 9
vs. National Average
Median Income
+1% vs. $74,580
Walkability
-1.9 pts vs. national avg
Nearby Markets
61114
1.6 mi
Pop: 15,026
$83,472
Walk: 7.7
61108
2.1 mi
Pop: 30,202
$63,046
Walk: 7.6
61111
3.5 mi
Pop: 22,838
$58,391
Walk: 8.4
61112
3.5 mi
Pop: 116
Walk: 7.7
61115
5.5 mi
Pop: 22,424
$73,771
Walk: 7.1
61104
5.9 mi
Pop: 17,584
$32,161
Walk: 7.9
61103
7.0 mi
Pop: 23,238
$47,390
Walk: 7.6
61016
7.1 mi
Pop: 5,166
$92,865
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