Private Schools Market: ZIP 84094
Opportunity Score
83
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84094 is an urban area with moderate foot traffic. with a population of 28,277 and household incomes well above the national median ($102,881).
Area Profile
28,277
Population
$102,881
Median Income
+38% vs. national
Urban
Area Type
13.5/20
Foot Traffic
Walkable
Median Age: 35.5 —
mixed-age market, broad menu appeal.
College-Educated: 27.1% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 84094.
9
Child Care Centers
3.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,090
2BR Fair Market Rent
$1,851
Median Gross Rent
$470 K
Median Home Value
4
Bank Branches
$190 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 $102,881. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 9
- Bank Branches
- 4
vs. National Average
Median Income
+38% vs. $74,580
Walkability
+3.0 pts vs. national avg
Nearby Markets
84070
1.9 mi
Pop: 30,348
$79,414
Walk: 14.2
84093
2.8 mi
Pop: 23,998
$132,453
Walk: 12.6
84047
3.7 mi
Pop: 36,573
$73,120
Walk: 15.5
84020
5.1 mi
Pop: 50,159
$130,680
Walk: 8.5
84095
5.6 mi
Pop: 38,240
$123,082
Walk: 11.3
84107
6.2 mi
Pop: 37,548
$73,469
Walk: 14.5
84117
6.5 mi
Pop: 24,873
$87,451
Walk: 15.3
84088
7.0 mi
Pop: 38,915
$100,532
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