Private Schools Market: ZIP 97062
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97062 is an urban area with moderate foot traffic. with a population of 28,620 and household incomes well above the national median ($106,987). There are 3 private schools operations in ZIP 97062.
Area Profile
28,620
Population
$106,987
Median Income
+43% vs. national
Urban
Area Type
14.0/20
Foot Traffic
Walkable
Median Age: 38.6 —
mixed-age market, broad menu appeal.
College-Educated: 32.1% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 97062.
3
Private Schools
Low competition — room to establish
1.0 per 10K residents
9
Child Care Centers
3.1 per 10K residents
What this means:
Private Schools are 25.0% of the relevant market in ZIP 97062 (3 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,090
2BR Fair Market Rent
$1,721
Median Gross Rent
$610 K
Median Home Value
9
Bank Branches
$950 K 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.
- The median income here is $106,987. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 9
- Bank Branches
- 9
vs. National Average
Median Income
+43% vs. $74,580
Walkability
+3.5 pts vs. national avg
Nearby Markets
97224
3.6 mi
Pop: 36,015
$94,456
Walk: 12.9
97070
4.0 mi
Pop: 26,363
$89,953
Walk: 9.1
97035
4.2 mi
Pop: 25,875
$126,866
Walk: 13.4
97223
5.3 mi
Pop: 50,226
$108,040
Walk: 14.5
97034
6.1 mi
Pop: 21,119
$147,688
Walk: 14.2
97068
6.5 mi
Pop: 30,254
$145,877
Walk: 12.3
97008
7.1 mi
Pop: 29,183
$90,246
Walk: 15.3
97140
7.2 mi
Pop: 27,999
$119,241
Walk: 9.7
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