Private Schools Market: ZIP 83704
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 83704 is an urban area with moderate foot traffic. with a population of 41,406 and household incomes near the national median ($70,806). There are 5 private schools operations in ZIP 83704.
Area Profile
41,406
Population
$70,806
Median Income
-5% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 23.7% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 83704.
5
Private Schools
Low competition — room to establish
1.2 per 10K residents
12
Child Care Centers
2.9 per 10K residents
What this means:
Private Schools are 29.4% of the relevant market in ZIP 83704 (5 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$1,363
Median Gross Rent
$350 K
Median Home Value
10
Bank Branches
$770 K 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
- Foot Traffic
- Walkable
- Private Schools
- 5
- Related Businesses
- 12
- Bank Branches
- 10
vs. National Average
Median Income
-5% vs. $74,580
Walkability
+2.9 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