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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 2014

Cutting class: Increasing household income and public assistance will moderately boost revenue

The Private Schools market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$54bn
Annual Growth 09-14
0.1%
Annual Growth 14-19
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Profit
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Employment
508,758
Businesses
29,089
Industry Analysis & Industry Trends

Operators in the Private Schools industry are adjusting to steadily declining enrollment levels and increasing competition. Due to continued drops in enrollment, mounting competition from charter schools and the poor economy, revenue grew only slightly in the five years to 2014. However, as the economy recovers over the next five years, household income will increase and government funding will become more readily available, leading to slowly climbing revenue... purchase to read more

Industry Report - Industry Analysis Chapter

Over the past five years, Private Schools industry revenue has marginally increased at an annualized rate of 0.1% to $53.7 billion, including an estimated 1.2% decline in 2014. 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 a relatively low profit margin.

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 comprises 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, they may receive indirect assistance through certain programs or policies. Schools funded by the government 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 efforts


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