Private Schools Market: ZIP 85023
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 85023 is an urban area with moderate foot traffic. with a population of 34,635 and household incomes near the national median ($72,442).
Area Profile
34,635
Population
$72,442
Median Income
-3% vs. national
Urban
Area Type
12.6/20
Foot Traffic
Walkable
Median Age: 37.2 —
mixed-age market, broad menu appeal.
College-Educated: 21.6% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,760
2BR Fair Market Rent
$1,429
Median Gross Rent
$360 K
Median Home Value
1
Bank Branches
$99 K deposits
Tips for Starting a Private School Business in Arizona
- 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
- Bank Branches
- 1
vs. National Average
Median Income
-3% vs. $74,580
Walkability
+2.1 pts vs. national avg
Nearby Markets
85053
2.7 mi
Pop: 29,719
$66,870
Walk: 14.3
85029
2.9 mi
Pop: 49,433
$60,384
Walk: 13.5
85027
3.1 mi
Pop: 38,986
$73,255
Walk: 12.0
85022
3.1 mi
Pop: 52,488
$66,601
Walk: 13.1
85021
5.0 mi
Pop: 40,026
$58,481
Walk: 13.3
85024
5.1 mi
Pop: 25,674
$97,759
Walk: 10.7
85020
5.4 mi
Pop: 33,934
$78,412
Walk: 14.3
85306
5.7 mi
Pop: 24,696
$82,060
Walk: 12.8
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