Private Schools Market: ZIP 02132
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02132 is an urban area with high foot traffic. with a population of 27,069 and household incomes well above the national median ($139,545). There are 3 private schools operations in ZIP 02132.
Area Profile
27,069
Population
$139,545
Median Income
+87% vs. national
Urban
Area Type
15.0/20
Foot Traffic
Very Walkable
Median Age: 43.0 —
older demographic, may prefer sit-down options.
College-Educated: 48.3% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02132.
3
Private Schools
Low competition — room to establish
1.1 per 10K residents
9
Child Care Centers
3.3 per 10K residents
What this means:
Private Schools are 25.0% of the relevant market in ZIP 02132 (3 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,680
2BR Fair Market Rent
$2,140
Median Gross Rent
$710 K
Median Home Value
8
Bank Branches
$1.4 M 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 $139,545. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 3
- Related Businesses
- 9
- Bank Branches
- 8
vs. National Average
Median Income
+87% vs. $74,580
Walkability
+4.5 pts vs. national avg
Nearby Markets
02131
2.5 mi
Pop: 31,564
$109,237
Walk: 13.5
02467
2.5 mi
Pop: 22,325
$173,854
Walk: 13.9
02026
2.6 mi
Pop: 25,109
$124,375
Walk: 11.8
02136
2.9 mi
Pop: 38,071
$96,862
Walk: 14.2
02459
3.3 mi
Pop: 18,604
$214,941
02445
3.7 mi
Pop: 22,568
$145,878
Walk: 13.0
02130
3.8 mi
Pop: 41,109
$130,533
Walk: 15.0
02461
4.1 mi
Pop: 6,717
$207,292
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