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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 | Mar 2016

Higher education: Improving household income and school-choice credits will aid industry revenue

IBISWorld’s Private Schools market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$52bn
Annual Growth 11-16
0.2%
Annual Growth 16-21
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Profit
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Employment
658,907
Businesses
27,010
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 2016, 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 Locations Chapter

The distribution of private schools closely follows the distribution of the US population. Because most schools are small, they cater to their immediate local markets. Consequently, as the Southeast region accounts for the largest share of the US population at 25.5% of the total, it holds the largest number of private schools at 21.3%, enrollments at 23.7% and teachers at 24.3%. Florida accounts for the most significant share of both population and schools in the region. Because of its many large cities, the high population density makes private schools more cost-effective to operate, thus increasing the potential supply of private schools.

The Mid-Atlantic also holds a large share of the nation's population and private schools at 15.4% and 21.0%, respectively... 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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