Private Schools Market: ZIP 84119
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84119 is an urban area with moderate foot traffic. with a population of 50,745 and household incomes near the national median ($66,616). There are 14 private schools operations in ZIP 84119.
Area Profile
50,745
Population
$66,616
Median Income
-11% vs. national
Urban
Area Type
13.7/20
Foot Traffic
Walkable
Median Age: 28.8 —
young market, strong street food demand.
College-Educated: 9.5% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 84119.
14
Private Schools
Moderate — proven market
2.8 per 10K residents
23
Child Care Centers
4.5 per 10K residents
What this means:
Private Schools are 37.8% of the relevant market in ZIP 84119 (14 vs. 23 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,610
2BR Fair Market Rent
$1,418
Median Gross Rent
$340 K
Median Home Value
7
Bank Branches
$770 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
- 14
- Related Businesses
- 23
- Bank Branches
- 7
vs. National Average
Median Income
-11% vs. $74,580
Walkability
+3.2 pts vs. national avg
Nearby Markets
84129
3.4 mi
Pop: 38,128
$94,051
Walk: 13.6
84123
3.4 mi
Pop: 36,913
$80,079
Walk: 13.4
84120
3.8 mi
Pop: 50,589
$90,847
Walk: 13.9
84115
3.8 mi
Pop: 28,411
$61,505
Walk: 15.2
84104
4.2 mi
Pop: 24,057
$61,326
Walk: 13.7
84101
5.0 mi
Pop: 8,329
$70,391
84107
5.2 mi
Pop: 37,548
$73,469
Walk: 14.5
84084
5.6 mi
Pop: 31,389
$94,214
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