Private Schools Market: ZIP 02119
Opportunity Score
52
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02119 is an urban area with high foot traffic. with a population of 26,851 and household incomes below the national median ($43,255). There are 3 private schools operations in ZIP 02119.
Area Profile
26,851
Population
$43,255
Median Income
-42% vs. national
Urban
Area Type
15.8/20
Foot Traffic
Very Walkable
Median Age: 35.3 —
mixed-age market, broad menu appeal.
College-Educated: 20.6% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 02119.
3
Private Schools
Low competition — room to establish
1.1 per 10K residents
20
Child Care Centers
7.4 per 10K residents
What this means:
Private Schools are 13.0% of the relevant market in ZIP 02119 (3 vs. 20 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$1,252
Median Gross Rent
$670 K
Median Home Value
7
Bank Branches
$370 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.
- Median income sits at $43,255. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 3
- Related Businesses
- 20
- Bank Branches
- 7
vs. National Average
Median Income
-42% vs. $74,580
Walkability
+5.3 pts vs. national avg
Nearby Markets
02120
1.0 mi
Pop: 15,248
$61,472
Walk: 15.8
02115
1.2 mi
Pop: 28,621
$53,398
Walk: 15.6
02121
1.3 mi
Pop: 28,298
$38,565
Walk: 14.3
02118
1.4 mi
Pop: 28,522
$90,142
Walk: 16.7
02199
1.6 mi
Pop: 1,253
$118,367
Walk: 18.1
02116
1.9 mi
Pop: 22,040
$127,309
Walk: 15.5
02215
2.0 mi
Pop: 24,054
$65,827
Walk: 15.4
02125
2.1 mi
Pop: 33,069
$71,810
Walk: 15.2
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