Private Schools Market: ZIP 84604
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84604 is an urban area with moderate foot traffic. with a population of 43,749 and household incomes near the national median ($74,522). There are 6 private schools operations in ZIP 84604.
Area Profile
43,749
Population
$74,522
Median Income
+0% vs. national
Urban
Area Type
12.8/20
Foot Traffic
Walkable
Median Age: 23.6 —
young market, strong street food demand.
College-Educated: 23.6% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 84604.
6
Private Schools
Moderate — proven market
1.4 per 10K residents
5
Child Care Centers
1.1 per 10K residents
What this means:
Private Schools are 54.5% of the relevant market in ZIP 84604 (6 vs. 5 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,300
2BR Fair Market Rent
$1,128
Median Gross Rent
$520 K
Median Home Value
6
Bank Branches
$4.2 M 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
- 6
- Related Businesses
- 5
- Bank Branches
- 6
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+2.3 pts vs. national avg
Nearby Markets
84097
6.7 mi
Pop: 22,024
$97,034
Walk: 14.3
84602
6.7 mi
Pop: 2,115
$31,250
84606
7.9 mi
Pop: 35,931
$52,110
Walk: 12.9
84062
8.5 mi
Pop: 47,489
$101,584
Walk: 9.9
84057
9.2 mi
Pop: 37,620
$80,184
Walk: 14.8
84058
10.0 mi
Pop: 34,706
$71,474
Walk: 13.7
84042
10.3 mi
Pop: 11,570
$104,840
Walk: 6.3
84601
10.3 mi
Pop: 32,871
$64,758
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