Private Schools Market: ZIP 98684
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 98684 is an urban area with moderate foot traffic. with a population of 36,486 and household incomes above the national median ($88,044). There are 3 private schools operations in ZIP 98684.
Area Profile
36,486
Population
$88,044
Median Income
+18% vs. national
Urban
Area Type
13.4/20
Foot Traffic
Walkable
Median Age: 37.1 —
mixed-age market, broad menu appeal.
College-Educated: 19.7% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 98684.
3
Private Schools
Low competition — room to establish
0.8 per 10K residents
9
Child Care Centers
2.5 per 10K residents
What this means:
Private Schools are 25.0% of the relevant market in ZIP 98684 (3 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,240
2BR Fair Market Rent
$1,847
Median Gross Rent
$440 K
Median Home Value
9
Bank Branches
$870 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 3
- Related Businesses
- 9
- Bank Branches
- 9
vs. National Average
Median Income
+18% vs. $74,580
Walkability
+2.9 pts vs. national avg
Nearby Markets
98683
1.9 mi
Pop: 31,613
$83,821
Walk: 11.7
98682
3.6 mi
Pop: 67,297
$95,863
Walk: 10.3
98664
4.4 mi
Pop: 22,923
$81,697
Walk: 10.8
97230
5.1 mi
Pop: 41,682
$70,582
Walk: 14.3
98662
5.9 mi
Pop: 38,008
$91,883
Walk: 11.2
97220
6.3 mi
Pop: 27,810
$68,976
Walk: 15.5
97218
7.0 mi
Pop: 14,704
$81,367
Walk: 15.4
98661
7.6 mi
Pop: 52,027
$75,037
Walk: 12.4
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