Private Schools Market: ZIP 83702
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 83702 is an urban area. with a population of 23,981 and household incomes above the national median ($82,586). There are 6 private schools operations in ZIP 83702.
Area Profile
23,981
Population
$82,586
Median Income
+11% vs. national
Urban
Area Type
Median Age: 41.0 —
older demographic, may prefer sit-down options.
College-Educated: 45.5% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 83702.
6
Private Schools
Moderate — proven market
2.5 per 10K residents
10
Child Care Centers
4.2 per 10K residents
What this means:
Private Schools are 37.5% of the relevant market in ZIP 83702 (6 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,600
2BR Fair Market Rent
$1,175
Median Gross Rent
$710 K
Median Home Value
23
Bank Branches
$6.3 M deposits
Tips for Starting a Private School Business in Idaho
- 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
- Private Schools
- 6
- Related Businesses
- 10
- Bank Branches
- 23
vs. National Average
Median Income
+11% vs. $74,580
Nearby Markets
83712
4.9 mi
Pop: 9,312
$105,764
Walk: 10.2
83720
5.0 mi
Pop: 0
83725
5.9 mi
Pop: 0
83706
6.2 mi
Pop: 36,183
$81,101
Walk: 14.7
83703
6.7 mi
Pop: 17,566
$74,415
Walk: 15.4
83705
9.3 mi
Pop: 27,542
$62,605
Walk: 14.5
83714
9.6 mi
Pop: 26,989
$86,114
Walk: 10.8
83704
10.2 mi
Pop: 41,406
$70,806
Walk: 13.4
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