Private Schools Market: ZIP 84092
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84092 is an urban area with low foot traffic. with a population of 28,162 and household incomes well above the national median ($153,333). There are 3 private schools operations in ZIP 84092.
Area Profile
28,162
Population
$153,333
Median Income
+106% vs. national
Urban
Area Type
9.8/20
Foot Traffic
Very Car-Dependent
Median Age: 42.3 —
older demographic, may prefer sit-down options.
College-Educated: 36.2% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 84092.
3
Private Schools
Low competition — room to establish
1.1 per 10K residents
4
Child Care Centers
1.4 per 10K residents
What this means:
Private Schools are 42.9% of the relevant market in ZIP 84092 (3 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,540
2BR Fair Market Rent
$2,146
Median Gross Rent
$710 K
Median Home Value
1
Bank Branches
$140 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.
- The median income here is $153,333. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Private Schools
- 3
- Related Businesses
- 4
- Bank Branches
- 1
vs. National Average
Median Income
+106% vs. $74,580
Walkability
-0.7 pts vs. national avg
Nearby Markets
84004
4.4 mi
Pop: 10,272
$156,786
Walk: 9.9
84121
4.9 mi
Pop: 39,204
$114,912
Walk: 13.8
84003
6.0 mi
Pop: 55,259
$120,262
Walk: 11.5
84093
8.4 mi
Pop: 23,998
$132,453
Walk: 12.6
84094
10.2 mi
Pop: 28,277
$102,881
Walk: 13.5
84124
10.4 mi
Pop: 22,992
$117,500
Walk: 13.7
84109
10.6 mi
Pop: 25,879
$136,823
Walk: 12.8
84020
11.1 mi
Pop: 50,159
$130,680
Walk: 8.5
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