Private Schools Market: ZIP 84010
Opportunity Score
62
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84010 is an urban area with moderate foot traffic. with a population of 46,666 and household incomes well above the national median ($102,038). There are 4 private schools operations in ZIP 84010.
Area Profile
46,666
Population
$102,038
Median Income
+37% vs. national
Urban
Area Type
10.7/20
Foot Traffic
Walkable
Median Age: 32.4 —
mixed-age market, broad menu appeal.
College-Educated: 28.8% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 84010.
4
Private Schools
Low competition — room to establish
0.9 per 10K residents
10
Child Care Centers
2.1 per 10K residents
What this means:
Private Schools are 28.6% of the relevant market in ZIP 84010 (4 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,550
2BR Fair Market Rent
$1,458
Median Gross Rent
$490 K
Median Home Value
11
Bank Branches
$1.8 M deposits
Tips for Starting a Private School Business in Utah
- 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 $102,038. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 4
- Related Businesses
- 10
- Bank Branches
- 11
vs. National Average
Median Income
+37% vs. $74,580
Walkability
+0.2 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