Private Schools Market: ZIP 97402
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 97402 is an urban area with moderate foot traffic. with a population of 54,199 and household incomes near the national median ($55,743). There are 7 private schools operations in ZIP 97402.
Area Profile
54,199
Population
$55,743
Median Income
-25% vs. national
Urban
Area Type
14.9/20
Foot Traffic
Very Car-Dependent
Median Age: 36.2 —
mixed-age market, broad menu appeal.
College-Educated: 18.0% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 97402.
7
Private Schools
Moderate — proven market
1.3 per 10K residents
24
Child Care Centers
4.4 per 10K residents
What this means:
Private Schools are 22.6% of the relevant market in ZIP 97402 (7 vs. 24 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,470
2BR Fair Market Rent
$1,287
Median Gross Rent
$330 K
Median Home Value
5
Bank Branches
$560 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
- Very Car-Dependent
- Private Schools
- 7
- Related Businesses
- 24
- Bank Branches
- 5
vs. National Average
Median Income
-25% vs. $74,580
Walkability
+4.4 pts vs. national avg
Nearby Markets
97404
7.8 mi
Pop: 33,356
$80,355
Walk: 12.9
97405
8.3 mi
Pop: 46,870
$93,136
Walk: 11.6
97401
10.5 mi
Pop: 48,186
$51,244
Walk: 13.0
97437
11.3 mi
Pop: 2,462
$91,128
97487
11.5 mi
Pop: 9,546
$64,973
Walk: 8.0
97448
11.7 mi
Pop: 14,629
$78,244
Walk: 9.7
97403
12.3 mi
Pop: 14,508
$47,103
Walk: 12.7
97408
13.6 mi
Pop: 15,297
$102,063
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