Private Schools Market: ZIP 01880
Opportunity Score
88
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01880 is an urban area with moderate foot traffic. with a population of 27,258 and household incomes well above the national median ($130,419).
Area Profile
27,258
Population
$130,419
Median Income
+75% vs. national
Urban
Area Type
12.4/20
Foot Traffic
Walkable
Median Age: 42.9 —
older demographic, may prefer sit-down options.
College-Educated: 42.4% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 01880.
7
Child Care Centers
2.6 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,872
Median Gross Rent
$670 K
Median Home Value
9
Bank Branches
$950 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 $130,419. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Related Businesses
- 7
- Bank Branches
- 9
vs. National Average
Median Income
+75% vs. $74,580
Walkability
+1.9 pts vs. national avg
Nearby Markets
01940
2.7 mi
Pop: 13,183
$171,044
Walk: 7.1
02180
3.1 mi
Pop: 22,986
$112,635
Walk: 12.9
02176
3.4 mi
Pop: 29,488
$126,854
Walk: 14.4
01867
3.6 mi
Pop: 25,474
$163,407
Walk: 10.1
01906
4.3 mi
Pop: 28,599
$100,819
Walk: 13.7
02148
5.2 mi
Pop: 65,509
$95,298
Walk: 15.0
01864
5.3 mi
Pop: 15,634
$150,820
01801
6.3 mi
Pop: 41,205
$107,754
Walk: 12.9
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