Private Schools Market: ZIP 01772
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01772 is an urban area with low foot traffic. with a population of 9,781 and household incomes well above the national median ($196,680). There are 4 private schools operations in ZIP 01772.
Area Profile
9,781
Population
$196,680
Median Income
+164% vs. national
Urban
Area Type
9.0/20
Foot Traffic
Car-Dependent
Median Age: 43.3 —
older demographic, may prefer sit-down options.
College-Educated: 51.1% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 01772.
4
Private Schools
Low competition — room to establish
4.1 per 10K residents
4
Child Care Centers
4.1 per 10K residents
What this means:
Private Schools are 50.0% of the relevant market in ZIP 01772 (4 vs. 4 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,590
2BR Fair Market Rent
$2,425
Median Gross Rent
$820 K
Median Home Value
2
Bank Branches
$220 K deposits
Tips for Starting a Private School Business in Massachusetts
- Accreditation takes 2-3 years but determines whether your tuition qualifies for tax credits and whether colleges recognize your diplomas.
- Your first 50 students are the hardest. Most private schools break even around 80-120 students. Plan for 2-3 years of operating losses.
- Facility costs dominate. Leasing a church or community center cuts your startup cost by 60-80% vs. building or buying.
- Teacher salaries run 15-30% below public school equivalents. You'll attract mission-driven educators, but benefits and culture have to compensate.
- The median income here is $196,680. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 4
- Related Businesses
- 4
- Bank Branches
- 2
vs. National Average
Median Income
+164% vs. $74,580
Walkability
-1.6 pts vs. national avg
Nearby Markets
01745
2.3 mi
Pop: 660
$180,833
01752
3.4 mi
Pop: 41,398
$95,047
Walk: 8.7
01721
5.0 mi
Pop: 18,694
$127,106
Walk: 6.3
01748
5.5 mi
Pop: 19,050
$204,418
Walk: 4.9
01749
6.0 mi
Pop: 19,959
$107,202
Walk: 8.8
01581
6.2 mi
Pop: 21,591
$134,474
Walk: 9.7
01701
6.2 mi
Pop: 32,270
$127,000
Walk: 9.7
01702
6.7 mi
Pop: 39,761
$78,784
Walk: 13.3
Check Another Market
Or estimate costs with the PrivateSchoolCost calculator.
About This Data
Data sources
U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits