Private Schools Market: ZIP 02134
Opportunity Score
59
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02134 is an urban area with moderate foot traffic. with a population of 17,637 and household incomes above the national median ($75,317). There are 3 private schools operations in ZIP 02134.
Area Profile
17,637
Population
$75,317
Median Income
+1% vs. national
Urban
Area Type
14.5/20
Foot Traffic
Very Car-Dependent
Median Age: 28.3 —
young market, strong street food demand.
College-Educated: 54.8% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02134.
3
Private Schools
Low competition — room to establish
1.7 per 10K residents
3
Child Care Centers
1.7 per 10K residents
What this means:
Private Schools are 50.0% of the relevant market in ZIP 02134 (3 vs. 3 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,950
2BR Fair Market Rent
$2,269
Median Gross Rent
$590 K
Median Home Value
5
Bank Branches
$600 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Private Schools
- 3
- Related Businesses
- 3
- Bank Branches
- 5
vs. National Average
Median Income
+1% vs. $74,580
Walkability
+4.0 pts vs. national avg
Nearby Markets
02163
0.7 mi
Pop: 1,852
$74,028
02446
1.2 mi
Pop: 31,109
$127,519
Walk: 16.4
02138
1.5 mi
Pop: 38,077
$122,040
Walk: 15.7
02135
1.8 mi
Pop: 43,683
$88,208
Walk: 14.0
02139
1.9 mi
Pop: 39,609
$124,648
Walk: 15.9
02215
2.0 mi
Pop: 24,054
$65,827
Walk: 15.4
02445
2.3 mi
Pop: 22,568
$145,878
Walk: 13.0
02140
2.3 mi
Pop: 21,361
$136,382
Walk: 16.3
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