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          1. Public Schools K-12 Industry Profile

            Report Page Length: 10-12
            Last Quarterly Update: 8/24/2020
            SIC Codes: 8211
            NAICS Codes: 61111
            Chapters Include:
            Industry Overview Trends & Challenges Industry Forecast
            Quarterly Industry Update Call Prep Questions Website & Media Links
            Business Challenges Financial Information Glossary & Acronyms
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            Excerpt from Public Schools K-12 Industry Profile

            Institutions in this industry provide primary and secondary classroom education as part of public school systems. The biggest US districts include New York City Public Schools, Los Angeles Unified, and City of Chicago School District 299.

            Globally, more than 750 million students are enrolled in primary schools, and about 595 million students attend secondary schools, according to the United Nations Educational, Scientific and Cultural Organization (UNESCO).

            In the US, about 98,000 public K-12 schools in 13,600 districts provide education for more than 50 million students. Federal, state, and local governments collect about $680 billion in annual revenue for public elementary and secondary education.

            COMPETITIVE LANDSCAPE

            Demand is driven by demographics. The success of individual schools depends largely on funding, the ability to attract effective teachers, and student performance; parental support can be a contributing factor. Schools in affluent communities may receive more local funding support and be able to offer a wider range of instruction. School districts vary greatly in size; the 100 largest US districts serve about 20% of all students.

            PRODUCTS, OPERATIONS & TECHNOLOGY

            The average US public school has about 530 students. Elementary schools are typically smaller, with an average enrollment of about 485, compared to an average of 800 students at middle and high schools. The average student/teacher ratio is 16:1. The high school graduation rate for US public school students is about 85%.

            Public schools provide education in basic subjects through a curriculum ...

             
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