Private Schools Market: ZIP 72016
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 72016 is an urban area. with a population of 3,067 and household incomes near the national median ($54,479).
Area Profile
3,067
Population
$54,479
Median Income
-27% vs. national
Urban
Area Type
Median Age: 41.7 —
older demographic, may prefer sit-down options.
College-Educated: 15.1% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$990
2BR Fair Market Rent
$844
Median Gross Rent
$160 K
Median Home Value
Tips for Starting a Private School Business in Arkansas
- 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
vs. National Average
Median Income
-27% vs. $74,580
Nearby Markets
72070
5.2 mi
Pop: 1,854
$85,804
72106
7.4 mi
Pop: 5,719
$59,375
Walk: 5.2
72135
7.8 mi
Pop: 3,442
$100,060
72034
11.6 mi
Pop: 49,420
$61,675
Walk: 8.3
72125
12.3 mi
Pop: 949
$52,500
Walk: 3.9
72107
12.8 mi
Pop: 136
$70,114
72127
13.2 mi
Pop: 2,718
$54,150
Walk: 4.7
72035
13.7 mi
Pop: 2,086
Walk: 8.8
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