Private Schools in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Private Schools Market Research Report | NAICS 61111b | Oct 2015

Higher education: Increasing household income and higher tuition rates will moderately boost revenue

IBISWorld’s Private Schools market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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Industry Analysis & Industry Trends

Revenue for the Private Schools industry is expected to increase, as the economy continues to recover. During the five years to 2015, enrollment decreased, which was a trend attributable to rising costs and competition from charter schools. However, in the next five years, household income is anticipated to increase, making it easier for families to afford private-school tuition. Additionally, enrollment declines will lesson, resulting in more stable demand for private schools... purchase to read more

Industry Report - Industry Analysis Chapter

Over the five years to 2015, revenue for the Private Schools industry is expected to remain flat at an annualized rate of 0.0% to $52.5 billion, including an estimated 0.5% increase in 2015. Enrollment levels fell during the period, a trend attributable to rising costs and competition from charter schools. Most private schools operate on a nonprofit basis, although for-profit private schools are increasingly common and have relatively low profit margins.

According to a National Assessment of Educational Progress study, private schools often outperform public schools in achievement tests and provide safe, relatively advanced facilities. However, these offerings come at an increasingly high price... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Private Schools Industry?

The Private Schools industry is composed of primary (kindergarten through sixth grade) and secondary (seventh through 12th grade) educational institutions that are predominantly funded through tuition fees and other private sources. Government or public agencies do not fund private schools; however, these schools may receive indirect assistance through certain programs or policies. Government-funded schools are included in the Public Schools industry (IBISWorld report 61111a).

Industry Products
Catholic schoolsOther religious schoolsSecular schools
Industry Activities
Teaching basic literacy and numeracy Establishing foundations in science, mathematics, geography, history and other social sciencesMeeting regulatory accreditation standardsAdministering private funding effortsProviding access to extracurricular activities

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