Private Schools Market: ZIP 84015
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84015 is an urban area with moderate foot traffic. with a population of 70,730 and household incomes above the national median ($92,634). There are 3 private schools operations in ZIP 84015.
Area Profile
70,730
Population
$92,634
Median Income
+24% vs. national
Urban
Area Type
12.3/20
Foot Traffic
Walkable
Median Age: 31.9 —
mixed-age market, broad menu appeal.
College-Educated: 14.8% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 84015.
3
Private Schools
Low competition — room to establish
0.4 per 10K residents
21
Child Care Centers
3.0 per 10K residents
What this means:
Private Schools are 12.5% of the relevant market in ZIP 84015 (3 vs. 21 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
$1,385
Median Gross Rent
$380 K
Median Home Value
3
Bank Branches
$280 K 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 21
- Bank Branches
- 3
vs. National Average
Median Income
+24% vs. $74,580
Walkability
+1.8 pts vs. national avg
Nearby Markets
84067
3.7 mi
Pop: 38,795
$90,918
Walk: 12.1
84075
4.4 mi
Pop: 34,118
$132,459
Walk: 12.1
84056
4.8 mi
Pop: 3,644
$68,853
84315
6.2 mi
Pop: 9,694
$111,154
Walk: 10.3
84041
6.5 mi
Pop: 54,750
$87,608
Walk: 12.2
84401
7.1 mi
Pop: 46,784
$77,333
Walk: 12.8
84405
7.5 mi
Pop: 34,931
$84,488
Walk: 11.2
84408
9.7 mi
Pop: 150
Walk: 10.6
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