Private Schools Market: ZIP 98119
Opportunity Score
95
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98119 is an urban area with high foot traffic. with a population of 26,390 and household incomes well above the national median ($125,021).
Area Profile
26,390
Population
$125,021
Median Income
+68% vs. national
Urban
Area Type
16.8/20
Foot Traffic
Very Walkable
Median Age: 33.7 —
mixed-age market, broad menu appeal.
College-Educated: 54.0% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 98119.
6
Child Care Centers
2.3 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,780
2BR Fair Market Rent
$1,963
Median Gross Rent
$1 M
Median Home Value
3
Bank Branches
$430 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 $125,021. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 6
- Bank Branches
- 3
vs. National Average
Median Income
+68% vs. $74,580
Walkability
+6.3 pts vs. national avg
Nearby Markets
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