Private Schools Market: ZIP 76016
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 76016 is an urban area with low foot traffic. with a population of 31,191 and household incomes well above the national median ($108,701). There are 3 private schools operations in ZIP 76016.
Area Profile
31,191
Population
$108,701
Median Income
+46% vs. national
Urban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 42.0 —
older demographic, may prefer sit-down options.
College-Educated: 30.1% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 76016.
3
Private Schools
Low competition — room to establish
1.0 per 10K residents
5
Child Care Centers
1.6 per 10K residents
What this means:
Private Schools are 37.5% of the relevant market in ZIP 76016 (3 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,250
2BR Fair Market Rent
$1,854
Median Gross Rent
$310 K
Median Home Value
4
Bank Branches
$740 K deposits
Tips for Starting a Private School Business in Texas
- 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 $108,701. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 3
- Related Businesses
- 5
- Bank Branches
- 4
vs. National Average
Median Income
+46% vs. $74,580
Walkability
-3.2 pts vs. national avg
Nearby Markets
76017
2.5 mi
Pop: 47,020
$88,442
Walk: 7.7
76013
3.1 mi
Pop: 35,910
$67,333
Walk: 9.0
76015
3.7 mi
Pop: 18,540
$70,912
Walk: 8.2
76060
3.9 mi
Pop: 8,808
$117,993
Walk: 8.8
76112
4.5 mi
Pop: 44,379
$56,179
Walk: 11.7
76001
4.6 mi
Pop: 38,177
$105,760
Walk: 7.1
76119
5.0 mi
Pop: 53,062
$46,537
Walk: 11.8
76120
5.4 mi
Pop: 20,031
$74,321
Walk: 10.3
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