Private Schools Market: ZIP 68116
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 68116 is an urban area with low foot traffic. with a population of 34,209 and household incomes well above the national median ($119,182). There are 4 private schools operations in ZIP 68116.
Area Profile
34,209
Population
$119,182
Median Income
+60% vs. national
Urban
Area Type
8.2/20
Foot Traffic
Car-Dependent
Median Age: 35.2 —
mixed-age market, broad menu appeal.
College-Educated: 35.8% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 68116.
4
Private Schools
Low competition — room to establish
1.2 per 10K residents
11
Child Care Centers
3.2 per 10K residents
What this means:
Private Schools are 26.7% of the relevant market in ZIP 68116 (4 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,510
2BR Fair Market Rent
$1,440
Median Gross Rent
$320 K
Median Home Value
9
Bank Branches
$680 K deposits
Tips for Starting a Private School Business in Nebraska
- 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 $119,182. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 4
- Related Businesses
- 11
- Bank Branches
- 9
vs. National Average
Median Income
+60% vs. $74,580
Walkability
-2.3 pts vs. national avg
Nearby Markets
68118
2.6 mi
Pop: 9,327
$137,358
Walk: 7.3
68010
3.6 mi
Pop: 763
$72,000
68164
4.1 mi
Pop: 28,764
$88,688
Walk: 9.9
68154
4.2 mi
Pop: 23,232
$82,509
Walk: 10.6
68130
5.0 mi
Pop: 21,428
$134,421
Walk: 9.8
68007
5.3 mi
Pop: 18,360
$137,767
Walk: 6.6
68144
5.5 mi
Pop: 25,468
$81,887
Walk: 12.4
68022
5.9 mi
Pop: 33,702
$139,713
Walk: 7.2
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