Private Schools Market: ZIP 02116
Opportunity Score
73
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02116 is an urban area with high foot traffic. with a population of 22,040 and household incomes well above the national median ($127,309). There are 4 private schools operations in ZIP 02116.
Area Profile
22,040
Population
$127,309
Median Income
+71% vs. national
Urban
Area Type
15.5/20
Foot Traffic
Very Walkable
Median Age: 34.6 —
mixed-age market, broad menu appeal.
College-Educated: 55.3% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02116.
4
Private Schools
Low competition — room to establish
1.8 per 10K residents
8
Child Care Centers
3.6 per 10K residents
What this means:
Private Schools are 33.3% of the relevant market in ZIP 02116 (4 vs. 8 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,970
2BR Fair Market Rent
$2,341
Median Gross Rent
$1.6 M
Median Home Value
17
Bank Branches
$4 M deposits
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 4
- Related Businesses
- 8
- Bank Branches
- 17
vs. National Average
Median Income
+71% vs. $74,580
Walkability
+5.0 pts vs. national avg
Nearby Markets
02199
0.4 mi
Pop: 1,253
$118,367
Walk: 18.1
02108
0.8 mi
Pop: 4,178
$212,664
Walk: 13.3
02142
0.9 mi
Pop: 4,349
$168,788
Walk: 15.9
02118
1.0 mi
Pop: 28,522
$90,142
Walk: 16.7
02133
1.0 mi
Pop: 80
Walk: 17.0
02114
1.1 mi
Pop: 13,853
$135,057
Walk: 15.7
02111
1.1 mi
Pop: 8,067
$70,865
02203
1.4 mi
Pop: 0
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