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Private Schools Market: ZIP 97116

Opportunity Score
60 / 100 Good
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 97116 is an urban area with moderate foot traffic. with a population of 29,598 and household incomes above the national median ($87,308). There are 3 private schools operations in ZIP 97116.

Area Profile

29,598
Population
$87,308
Median Income
+17% vs. national
Urban
Area Type
13.1/20
Foot Traffic
Walkable
Median Age: 35.6 — mixed-age market, broad menu appeal.
College-Educated: 20.5% — value-focused market, keep prices competitive.

Competition

Private Schools and related businesses in ZIP 97116.

3
Private Schools
Low competition — room to establish
1.0 per 10K residents
10
Child Care Centers
3.4 per 10K residents
What this means: Private Schools are 23.1% of the relevant market in ZIP 97116 (3 vs. 10 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,830
2BR Fair Market Rent
$1,397
Median Gross Rent
$480 K
Median Home Value
3
Bank Branches
$220 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.

Quick Facts

Area Type
Urban
Foot Traffic
Walkable
Private Schools
3
Related Businesses
10
Bank Branches
3

vs. National Average

Median Income
+17% vs. $74,580
Walkability
+2.6 pts vs. national avg

Nearby Markets

97106 5.5 mi
Pop: 5,009 $108,383
97125 6.7 mi
Pop: 61
97119 8.5 mi
Pop: 5,154 $118,056 Walk: 7.7
97113 9.9 mi
Pop: 15,621 $93,131
97109 11.0 mi
Pop: 487 $146,094
97117 12.3 mi
Pop: 787 $109,083 Walk: 7.3
97133 12.9 mi
Pop: 5,662 $117,986
97144 14.7 mi
Pop: 88 $103,580 Walk: 3.9

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