Private Schools Market: ZIP 84770
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 84770 is an urban area with low foot traffic. with a population of 47,226 and household incomes near the national median ($68,174). There are 5 private schools operations in ZIP 84770.
Area Profile
47,226
Population
$68,174
Median Income
-9% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 37.8 —
mixed-age market, broad menu appeal.
College-Educated: 19.1% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 84770.
5
Private Schools
Low competition — room to establish
1.1 per 10K residents
4
Child Care Centers
0.8 per 10K residents
What this means:
Private Schools are 55.6% of the relevant market in ZIP 84770 (5 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,380
2BR Fair Market Rent
$1,344
Median Gross Rent
$410 K
Median Home Value
14
Bank Branches
$1.9 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
- Car-Dependent
- Private Schools
- 5
- Related Businesses
- 4
- Bank Branches
- 14
vs. National Average
Median Income
-9% vs. $74,580
Walkability
-1.5 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