Private Schools Market: ZIP 78620
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78620 is an urban area with low foot traffic. with a population of 20,624 and household incomes well above the national median ($146,551). There are 5 private schools operations in ZIP 78620.
Area Profile
20,624
Population
$146,551
Median Income
+97% vs. national
Urban
Area Type
7.2/20
Foot Traffic
Car-Dependent
Median Age: 42.7 —
older demographic, may prefer sit-down options.
College-Educated: 42.0% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 78620.
5
Private Schools
Low competition — room to establish
2.4 per 10K residents
8
Child Care Centers
3.9 per 10K residents
What this means:
Private Schools are 38.5% of the relevant market in ZIP 78620 (5 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,860
2BR Fair Market Rent
$1,674
Median Gross Rent
$620 K
Median Home Value
8
Bank Branches
$730 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 $146,551. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 5
- Related Businesses
- 8
- Bank Branches
- 8
vs. National Average
Median Income
+97% vs. $74,580
Walkability
-3.3 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