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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 | Jan 2015

Higher education: Increasing household income and public funds 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
$55bn
Annual Growth 10-15
1.2%
Annual Growth 15-20
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Profit
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Employment
678,409
Businesses
28,857
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 Products Chapter

Private schools can be broadly segmented into Catholic schools, other religious schools and secular schools. More than 95.7% of private schools are co-educational, 2.4% are all-boys schools and the remaining 1.9% are all-girls schools. Most private schools are relatively small: 82.7% of schools have fewer than 150 students enrolled, and 32.8% have fewer than 50 students enrolled.

Catholic schools

Catholic schools can be broken down into parochial, diocesan and private, depending on the source of their funding. Catholic schools are estimated to account for 27.1% of industry revenue, but 42.2% of total enrollment. The disparity between revenue and enrollment is due to Catholic schools' low tuition fees... 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, 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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