Private Schools Market: ZIP 98011
Opportunity Score
71
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98011 is an urban area with moderate foot traffic. with a population of 28,250 and household incomes well above the national median ($127,445). There are 6 private schools operations in ZIP 98011.
Area Profile
28,250
Population
$127,445
Median Income
+71% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 38.1 —
mixed-age market, broad menu appeal.
College-Educated: 43.1% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 98011.
6
Private Schools
Moderate — proven market
2.1 per 10K residents
18
Child Care Centers
6.4 per 10K residents
What this means:
Private Schools are 25.0% of the relevant market in ZIP 98011 (6 vs. 18 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,860
2BR Fair Market Rent
$2,223
Median Gross Rent
$890 K
Median Home Value
4
Bank Branches
$320 K deposits
Tips for Starting a Private School Business in Washington
- 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 $127,445. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 6
- Related Businesses
- 18
- Bank Branches
- 4
vs. National Average
Median Income
+71% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
98021
2.5 mi
Pop: 35,445
$172,559
Walk: 7.9
98034
3.0 mi
Pop: 51,836
$128,974
Walk: 12.2
98028
3.4 mi
Pop: 23,594
$137,926
Walk: 9.6
98072
4.7 mi
Pop: 24,922
$174,599
Walk: 11.1
98033
5.6 mi
Pop: 40,662
$174,005
Walk: 14.1
98012
5.8 mi
Pop: 76,123
$141,653
Walk: 11.5
98036
6.7 mi
Pop: 42,016
$89,566
Walk: 10.2
98155
7.0 mi
Pop: 35,906
$131,911
Walk: 12.7
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