Private Schools Market: ZIP 01922
Opportunity Score
98
/ 100
Excellent
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 01922 is an urban area. with a population of 3,791 and household incomes well above the national median ($179,896).
Area Profile
3,791
Population
$179,896
Median Income
+141% vs. national
Urban
Area Type
Median Age: 50.6 —
older demographic, may prefer sit-down options.
College-Educated: 36.9% —
balanced market for quality & value.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$730 K
Median Home Value
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 $179,896. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
vs. National Average
Median Income
+141% vs. $74,580
Nearby Markets
01969
3.1 mi
Pop: 6,214
$117,177
Walk: 7.2
01950
4.1 mi
Pop: 18,444
$144,259
Walk: 13.4
01985
4.5 mi
Pop: 4,536
$189,048
Walk: 4.8
01951
4.6 mi
Pop: 2,938
$175,779
Walk: 5.3
01833
5.2 mi
Pop: 8,380
$153,565
Walk: 5.0
01834
7.0 mi
Pop: 6,747
$135,521
Walk: 6.2
01938
7.1 mi
Pop: 13,820
$124,405
Walk: 7.4
01913
7.1 mi
Pop: 17,277
$100,599
Walk: 10.6
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