Private Schools Market: ZIP 98382
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98382 is an suburban area with low foot traffic. with a population of 31,225 and household incomes near the national median ($70,471).
Area Profile
31,225
Population
$70,471
Median Income
-6% vs. national
Suburban
Area Type
8.6/20
Foot Traffic
Car-Dependent
Median Age: 60.8 —
older demographic, may prefer sit-down options.
College-Educated: 28.6% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 98382.
7
Child Care Centers
2.2 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,340
2BR Fair Market Rent
$1,210
Median Gross Rent
$460 K
Median Home Value
11
Bank Branches
$1.3 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.
Quick Facts
- Area Type
- Suburban
- Foot Traffic
- Car-Dependent
- Related Businesses
- 7
- Bank Branches
- 11
vs. National Average
Median Income
-6% vs. $74,580
Walkability
-1.9 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