Private Schools Market: ZIP 02446
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02446 is an urban area with high foot traffic. with a population of 31,109 and household incomes well above the national median ($127,519). There are 4 private schools operations in ZIP 02446.
Area Profile
31,109
Population
$127,519
Median Income
+71% vs. national
Urban
Area Type
16.4/20
Foot Traffic
Very Walkable
Median Age: 33.9 —
mixed-age market, broad menu appeal.
College-Educated: 58.6% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02446.
4
Private Schools
Low competition — room to establish
1.3 per 10K residents
16
Child Care Centers
5.1 per 10K residents
What this means:
Private Schools are 20.0% of the relevant market in ZIP 02446 (4 vs. 16 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,880
2BR Fair Market Rent
$2,757
Median Gross Rent
$1.2 M
Median Home Value
12
Bank Branches
$3 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 $127,519. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Private Schools
- 4
- Related Businesses
- 16
- Bank Branches
- 12
vs. National Average
Median Income
+71% vs. $74,580
Walkability
+5.9 pts vs. national avg
Nearby Markets
02134
1.2 mi
Pop: 17,637
$75,317
Walk: 14.5
02215
1.4 mi
Pop: 24,054
$65,827
Walk: 15.4
02445
1.5 mi
Pop: 22,568
$145,878
Walk: 13.0
02163
1.6 mi
Pop: 1,852
$74,028
02120
1.9 mi
Pop: 15,248
$61,472
Walk: 15.8
02115
1.9 mi
Pop: 28,621
$53,398
Walk: 15.6
02139
1.9 mi
Pop: 39,609
$124,648
Walk: 15.9
02135
2.2 mi
Pop: 43,683
$88,208
Walk: 14.0
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