Private Schools Market: ZIP 97048
Opportunity Score
60
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97048 is an urban area with low foot traffic. with a population of 7,096 and household incomes near the national median ($74,453).
Area Profile
7,096
Population
$74,453
Median Income
+0% vs. national
Urban
Area Type
6.2/20
Foot Traffic
Car-Dependent
Median Age: 48.2 —
older demographic, may prefer sit-down options.
College-Educated: 11.7% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 97048.
3
Child Care Centers
4.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,830
2BR Fair Market Rent
$882
Median Gross Rent
$360 K
Median Home Value
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
- Car-Dependent
- Related Businesses
- 3
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-4.3 pts vs. national avg
Nearby Markets
97054
4.9 mi
Pop: 1,404
$84,518
Walk: 2.5
98609
8.5 mi
Pop: 0
97051
9.4 mi
Pop: 17,589
$85,837
Walk: 14.7
97018
13.8 mi
Pop: 1,806
$100,912
97053
14.3 mi
Pop: 3,401
$123,902
98632
14.5 mi
Pop: 50,845
$64,705
Walk: 11.9
97056
14.8 mi
Pop: 12,794
$95,351
Walk: 6.4
98626
17.6 mi
Pop: 26,948
$70,058
Walk: 10.7
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