Private Schools Market: ZIP 84103
Opportunity Score
79
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84103 is an urban area with high foot traffic. with a population of 23,796 and household incomes above the national median ($81,386).
Area Profile
23,796
Population
$81,386
Median Income
+9% vs. national
Urban
Area Type
16.0/20
Foot Traffic
Very Walkable
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 50.0% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 84103.
3
Child Care Centers
1.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,740
2BR Fair Market Rent
$1,374
Median Gross Rent
$710 K
Median Home Value
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
- Very Walkable
- Related Businesses
- 3
vs. National Average
Median Income
+9% vs. $74,580
Walkability
+5.5 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