Private Schools Market: ZIP 97005
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97005 is an urban area with high foot traffic. with a population of 27,812 and household incomes near the national median ($74,306). There are 3 private schools operations in ZIP 97005.
Area Profile
27,812
Population
$74,306
Median Income
+0% vs. national
Urban
Area Type
16.2/20
Foot Traffic
Very Walkable
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 27.3% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 97005.
3
Private Schools
Low competition — room to establish
1.1 per 10K residents
21
Child Care Centers
7.6 per 10K residents
What this means:
Private Schools are 12.5% of the relevant market in ZIP 97005 (3 vs. 21 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,870
2BR Fair Market Rent
$1,551
Median Gross Rent
$480 K
Median Home Value
9
Bank Branches
$1.5 M deposits
Tips for Starting a Private School Business in Oregon
- 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
- Very Walkable
- Private Schools
- 3
- Related Businesses
- 21
- Bank Branches
- 9
vs. National Average
Median Income
+0% vs. $74,580
Walkability
+5.7 pts vs. national avg
Nearby Markets
97008
2.1 mi
Pop: 29,183
$90,246
Walk: 15.3
97225
2.5 mi
Pop: 25,802
$111,341
Walk: 13.7
97229
4.0 mi
Pop: 75,626
$159,863
Walk: 13.2
97223
4.0 mi
Pop: 50,226
$108,040
Walk: 14.5
97003
4.3 mi
Pop: 27,791
$96,962
97006
4.3 mi
Pop: 45,556
$100,373
Walk: 14.0
97221
5.1 mi
Pop: 13,118
$146,017
Walk: 16.1
97007
5.7 mi
Pop: 48,081
$116,667
Walk: 11.6
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