Private Schools Market: ZIP 98335
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98335 is an urban area with low foot traffic. with a population of 27,956 and household incomes well above the national median ($130,304). There are 5 private schools operations in ZIP 98335.
Area Profile
27,956
Population
$130,304
Median Income
+75% vs. national
Urban
Area Type
8.0/20
Foot Traffic
Car-Dependent
Median Age: 44.5 —
older demographic, may prefer sit-down options.
College-Educated: 36.9% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 98335.
5
Private Schools
Low competition — room to establish
1.8 per 10K residents
7
Child Care Centers
2.5 per 10K residents
What this means:
Private Schools are 41.7% of the relevant market in ZIP 98335 (5 vs. 7 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,300
2BR Fair Market Rent
$1,971
Median Gross Rent
$740 K
Median Home Value
11
Bank Branches
$1.6 M 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 $130,304. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 5
- Related Businesses
- 7
- Bank Branches
- 11
vs. National Average
Median Income
+75% vs. $74,580
Walkability
-2.5 pts vs. national avg
Nearby Markets
98333
3.1 mi
Pop: 3,365
$172,917
Walk: 5.0
98332
5.5 mi
Pop: 19,784
$122,827
Walk: 4.5
98465
6.7 mi
Pop: 7,489
$77,083
Walk: 15.3
98407
7.3 mi
Pop: 21,210
$108,905
Walk: 14.4
98388
7.3 mi
Pop: 7,054
$97,634
Walk: 6.7
98466
7.5 mi
Pop: 30,622
$94,598
Walk: 14.0
98467
7.5 mi
Pop: 15,241
$90,586
Walk: 11.7
98406
8.0 mi
Pop: 23,642
$104,761
Walk: 15.5
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