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

The Private Schools industry in New York is comprised of independently funded primary and secondary institutions. The industry has received high marks over the five years to 2017. However, private schools in New York experienced declining enrollment early in the period, similar to the overall national trend, mitigating revenue gains. Over the five years to 2022, private schools in New York will continue to benefit from positive economic trends, driven primarily by significant growth in per capita disposable income in the state...purchase to read more.

Industry Statistics & Market Size
Annual Growth 12-17
Forecast Growth 17-22

Industry Threats & Opportunities

  • Public school enrollment has fallen over the past decade amid an unstable economy and increasing competition from charter schools
  • School-choice programs have recently garnered support across the country
  • Improving household income will enable more parents to afford private school tuition for their children
  • Industry Report - Industry Analysis Chapter

    The Private Schools industry in New York has fared well over the five years to 2017. Enrollment declined early in the period, caused by falling per capita disposable income in New York and competition from charter schools. However, the industry has since recovered and thrived, benefiting from a growing population and rising per capita disposable income. Industry revenue is expected to increase at an annualized rate of 2.5% during the period to $6.2 billion, including a boost of 3.6% in 2017 alone.Tuition and enrollmentPrivate schools offer students a safe, relatively advanced learning environment and often outperform public schools in achievement tests, according to a National Assessment of Educational Progress study. How...purchase to read more.

    Additional Insights for the Private Schools in New York Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Private Schools in New York Industry are

  • Ability to attract local support/patronage
  • Ability to take advantage of government subsidies and other grants
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Per Capita Disposable Income in New York and Number of adolescents aged 10 to 19 in New York in the Private Schools in New York industry impact industry performance..

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    What's in this report

    What is the Private Schools in New York Industry?

    The Private Schools industry in New York 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.

    Industry Products
  • Catholic schools
  • Other religious schools
  • Secular schools
  • Industry Activities
  • Teaching basic literacy and numeracy
  • Establishing foundations in science, mathematics, geography, history and other social sciences
  • Meeting regulatory accreditation standards
  • Administering private funding efforts
  • Providing access to extracurricular activities
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Per Capita Disposable Income in New York
  • Number of adolescents aged 10 to 19 in New York
  • Number of children aged nine and younger in New York
  • Population of New York
  • Households earning more than $100,000

  • Current Performance
  • Tuition and enrollment
  • Assistance
  • Competition
  • Chart: Revenue Growth

  • Industry Outlook
  • Mounting regulation
  • Limited enrollment
  • Table: Private Schools in New York Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Private Schools in New York Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Musical Groups & Artists
  • Other Performing Arts Companies
  • Religious Organizations
  • Civic, Social & Youth Organizations
  • Consumers

  • Key Selling Industries
  • Book, Magazine & Newspaper Wholesaling
  • Computer & Packaged Software Wholesaling
  • Food Service Contractors
  • Household Furniture Manufacturing
  • Janitorial Services
  • Laboratory Supply Wholesaling
  • Landscaping Services
  • Municipal Building Construction
  • Office Stationery Manufacturing
  • Public School Bus Services

  • Products & Services
  • Other religious schools
  • Secular schools
  • Catholic schools
  • Chart: Private Schools in New York Industry Products and Services Segmentation

  • Major Markets
  • Elementary school students
  • High school students
  • Middle school students
  • Chart: Major Market Segmentation for the Private Schools in New York Industry

  • Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitWagesRent and utilitiesDepreciationPurchasesOther
  • Chart: Cost Structure Benchmarking – Sector vs Private Schools in New York

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Private Schools in New York Industry

  • Columbia Grammar and Preparatory School, Fusion Academy, Montessori schools, The Dalton School,
  • Table: Columbia Grammar and Preparatory School - financial performance
  • Table: Fusion Academy - financial performance
  • Table: Montessori schools - financial performance
  • Table: The Dalton School - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Private Schools in New York Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Private Schools in New York Industry
  • Industry Revenue (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Charter School
  • An independent public school designed by educators, parents, community leaders, educational entrepreneurs and others who want to provide quality education tailored to student need.
  • Magnet School
  • A school that focuses on a particular discipline, such as science, mathematics, arts or computer science. It is designed to recruit students from other parts of the school district.
  • No Child Left Behind
  • A law signed into effect by President Bush in 2002 setting performance guidelines for all schools' students and stipulating what must be included in accountability reports to parents.
  • Nonsectarian
  • A school that is not affiliated with any particular religion or belief.
  • Parochial School
  • A primary or secondary school supported by a religious organization.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Private Schools in New York is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

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    This report on Private Schools in New York:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Private Schools in New York market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Private Schools in New York, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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