Private Schools Market: ZIP 78623
Opportunity Score
70
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 78623 is an rural area. with a population of 1,575 and household incomes well above the national median ($122,143).
Area Profile
1,575
Population
$122,143
Median Income
+64% vs. national
Rural
Area Type
Median Age: 59.7 —
older demographic, may prefer sit-down options.
College-Educated: 38.2% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,500
2BR Fair Market Rent
$560 K
Median Home Value
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 $122,143. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Rural
vs. National Average
Median Income
+64% vs. $74,580
Nearby Markets
78133
5.5 mi
Pop: 21,830
$80,777
Walk: 5.8
78676
7.0 mi
Pop: 15,896
$86,819
Walk: 5.6
78132
13.7 mi
Pop: 40,383
$126,934
Walk: 8.2
78070
13.9 mi
Pop: 19,836
$115,076
Walk: 6.3
78619
16.8 mi
Pop: 6,896
$171,667
78666
16.8 mi
Pop: 87,775
$55,478
Walk: 6.8
78606
18.9 mi
Pop: 6,977
$89,980
78163
20.1 mi
Pop: 17,455
$133,681
Walk: 6.8
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