Private Schools Market: ZIP 84663
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84663 is an urban area with moderate foot traffic. with a population of 35,889 and household incomes above the national median ($88,919).
Area Profile
35,889
Population
$88,919
Median Income
+19% vs. national
Urban
Area Type
10.1/20
Foot Traffic
Walkable
Median Age: 28.1 —
young market, strong street food demand.
College-Educated: 21.3% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 84663.
10
Child Care Centers
2.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$1,475
Median Gross Rent
$430 K
Median Home Value
3
Bank Branches
$180 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
- Related Businesses
- 10
- Bank Branches
- 3
vs. National Average
Median Income
+19% vs. $74,580
Walkability
-0.4 pts vs. national avg
Nearby Markets
84664
7.6 mi
Pop: 12,340
$127,860
Walk: 8.1
84606
9.6 mi
Pop: 35,931
$52,110
Walk: 12.9
84604
10.6 mi
Pop: 43,749
$74,522
Walk: 12.8
84660
11.6 mi
Pop: 47,004
$98,398
Walk: 8.7
84602
11.9 mi
Pop: 2,115
$31,250
84082
13.5 mi
Pop: 815
$117,353
84601
14.5 mi
Pop: 32,871
$64,758
Walk: 10.6
84097
14.9 mi
Pop: 22,024
$97,034
Walk: 14.3
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