Private Schools Market: ZIP 02169
Opportunity Score
64
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02169 is an urban area with moderate foot traffic. with a population of 60,928 and household incomes above the national median ($92,080). There are 3 private schools operations in ZIP 02169.
Area Profile
60,928
Population
$92,080
Median Income
+23% vs. national
Urban
Area Type
14.8/20
Foot Traffic
Very Car-Dependent
Median Age: 38.5 —
mixed-age market, broad menu appeal.
College-Educated: 37.4% —
balanced market for quality & value.
Competition
Private Schools and related businesses in ZIP 02169.
3
Private Schools
Low competition — room to establish
0.5 per 10K residents
16
Child Care Centers
2.6 per 10K residents
What this means:
Private Schools are 15.8% of the relevant market in ZIP 02169 (3 vs. 16 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,670
2BR Fair Market Rent
$1,975
Median Gross Rent
$550 K
Median Home Value
17
Bank Branches
$2.5 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Private Schools
- 3
- Related Businesses
- 16
- Bank Branches
- 17
vs. National Average
Median Income
+23% vs. $74,580
Walkability
+4.3 pts vs. national avg
Nearby Markets
02170
1.8 mi
Pop: 19,685
$101,840
Walk: 15.6
02184
2.5 mi
Pop: 38,762
$125,305
Walk: 13.5
02171
3.6 mi
Pop: 20,513
$104,992
Walk: 14.4
02122
4.6 mi
Pop: 23,471
$82,945
Walk: 15.5
02186
4.6 mi
Pop: 28,716
$177,222
Walk: 12.8
02188
4.7 mi
Pop: 15,396
$102,236
02191
4.8 mi
Pop: 8,130
$116,496
Walk: 12.4
02368
4.9 mi
Pop: 34,736
$103,321
Walk: 11.7
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