NAICS 61111 - Elementary and Secondary Schools
This industry comprises establishments primarily engaged in furnishing academic courses and associated course work that comprise a basic preparatory education. A basic preparatory education ordinarily constitutes kindergarten through 12th grade. This industry includes school boards and school districts.
Industry trends:
The elementary and secondary school industry (NAICS 61111) has been experiencing several notable qualitative trends recently. One significant trend is the integration of technology into the classroom. Schools are increasingly adopting digital tools and online learning platforms, a shift accelerated by the COVID-19 pandemic. This trend is expected to continue, with more investment in edtech solutions that facilitate both in-person and remote learning.
Another trend is the growing emphasis on social-emotional learning (SEL). Educators are prioritizing students' mental and emotional well-being alongside academic achievements. SEL programs aim to help students develop critical life skills such as empathy, self-regulation, and teamwork. This focus is forecasted to remain strong as schools address the long-term impacts of the pandemic on student mental health.
Diversity, equity, and inclusion (DEI) initiatives are also becoming more prominent. Schools are implementing curricula and policies designed to promote equity and reflect diverse perspectives and cultures. This shift responds to increasing societal demands for inclusive educational environments and is projected to gain further momentum.
Additionally, there is an ongoing emphasis on personalized learning. Educators are tailoring instruction to individual student needs, leveraging data analytics to track progress and customize educational experiences. This trend is likely to expand, driven by advancing technology and a better understanding of diverse learning styles.
In summary, the industry is evolving towards more tech-integrated, socially conscious, and individualized educational models, with these trends expected to shape the landscape of elementary and secondary education in the near future.
This industry is comprised of:
Academies, elementary or secondary
Boarding schools, elementary or secondary
Elementary and secondary schools
Elementary schools
Finishing schools, secondary
Handicapped, schools for, elementary or secondary
High schools
High schools offering both academic and technical courses
High schools offering both academic and vocational courses
Junior high schools
Kindergartens
Middle schools
Military academies, elementary or secondary
Montessori schools, elementary or secondary
Parochial schools, elementary or secondary
Preparatory schools, elementary or secondary
Primary schools
Private schools, elementary or secondary
School boards, elementary and secondary
School districts, elementary or secondary
Schools for the handicapped, elementary or secondary
Schools for the mentally retarded (except preschool, job training, vocational rehabilitation)
Schools for the physically disabled, elementary or secondary
Schools, elementary
Schools, secondary
Secondary schools offering both academic and technical courses
Seminaries, below university grade
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.