Private Schools Market: ZIP 99202
Opportunity Score
58
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 99202 is an urban area with high foot traffic. with a population of 19,956 and household incomes near the national median ($61,323). There are 4 private schools operations in ZIP 99202.
Area Profile
19,956
Population
$61,323
Median Income
-18% vs. national
Urban
Area Type
15.8/20
Foot Traffic
Very Walkable
Median Age: 32.7 —
mixed-age market, broad menu appeal.
College-Educated: 20.9% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 99202.
4
Private Schools
Low competition — room to establish
2.0 per 10K residents
9
Child Care Centers
4.5 per 10K residents
What this means:
Private Schools are 30.8% of the relevant market in ZIP 99202 (4 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,370
2BR Fair Market Rent
$1,070
Median Gross Rent
$270 K
Median Home Value
4
Bank Branches
$360 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
- Very Walkable
- Private Schools
- 4
- Related Businesses
- 9
- Bank Branches
- 4
vs. National Average
Median Income
-18% vs. $74,580
Walkability
+5.3 pts vs. national avg
Nearby Markets
99258
1.7 mi
Pop: 473
99207
2.3 mi
Pop: 34,766
$55,548
Walk: 15.5
99203
2.5 mi
Pop: 21,921
$95,532
Walk: 13.8
99204
3.4 mi
Pop: 7,519
$50,266
Walk: 13.9
99201
4.0 mi
Pop: 14,432
$35,286
Walk: 14.6
99212
5.0 mi
Pop: 21,549
$66,250
Walk: 12.6
99205
5.3 mi
Pop: 43,340
$72,547
Walk: 14.3
99223
5.9 mi
Pop: 35,848
$91,377
Walk: 11.5
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