Private Schools Market: ZIP 02130
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02130 is an urban area with high foot traffic. with a population of 41,109 and household incomes well above the national median ($130,533). There are 5 private schools operations in ZIP 02130.
Area Profile
41,109
Population
$130,533
Median Income
+75% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 34.9 —
mixed-age market, broad menu appeal.
College-Educated: 56.2% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02130.
5
Private Schools
Low competition — room to establish
1.2 per 10K residents
23
Child Care Centers
5.6 per 10K residents
What this means:
Private Schools are 17.9% of the relevant market in ZIP 02130 (5 vs. 23 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,060
2BR Fair Market Rent
$2,434
Median Gross Rent
$760 K
Median Home Value
9
Bank Branches
$780 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 $130,533. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 5
- Related Businesses
- 23
- Bank Branches
- 9
vs. National Average
Median Income
+75% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
02121
1.8 mi
Pop: 28,298
$38,565
Walk: 14.3
02131
1.9 mi
Pop: 31,564
$109,237
Walk: 13.5
02445
1.9 mi
Pop: 22,568
$145,878
Walk: 13.0
02120
2.0 mi
Pop: 15,248
$61,472
Walk: 15.8
02119
2.2 mi
Pop: 26,851
$43,255
Walk: 15.8
02446
2.5 mi
Pop: 31,109
$127,519
Walk: 16.4
02115
2.5 mi
Pop: 28,621
$53,398
Walk: 15.6
02126
2.7 mi
Pop: 25,313
$67,206
Walk: 14.2
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