Private Schools Market: ZIP 02459
Opportunity Score
72
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02459 is an urban area. with a population of 18,604 and household incomes well above the national median ($214,941). There are 4 private schools operations in ZIP 02459.
Area Profile
18,604
Population
$214,941
Median Income
+188% vs. national
Urban
Area Type
Median Age: 45.9 —
older demographic, may prefer sit-down options.
College-Educated: 57.4% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02459.
4
Private Schools
Low competition — room to establish
2.2 per 10K residents
12
Child Care Centers
6.5 per 10K residents
What this means:
Private Schools are 25.0% of the relevant market in ZIP 02459 (4 vs. 12 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,320
2BR Fair Market Rent
$2,308
Median Gross Rent
$1.3 M
Median Home Value
10
Bank Branches
$3.1 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 $214,941. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Private Schools
- 4
- Related Businesses
- 12
- Bank Branches
- 10
vs. National Average
Median Income
+188% vs. $74,580
Nearby Markets
02461
1.0 mi
Pop: 6,717
$207,292
Walk: 15.2
02464
1.9 mi
Pop: 3,730
$125,846
Walk: 17.6
02458
2.7 mi
Pop: 13,308
$151,782
Walk: 14.8
02467
2.7 mi
Pop: 22,325
$173,854
Walk: 13.9
02460
2.8 mi
Pop: 10,033
$154,329
Walk: 15.7
02468
2.9 mi
Pop: 5,901
$250,001
Walk: 13.0
02494
2.9 mi
Pop: 10,578
$173,750
Walk: 11.3
02132
3.3 mi
Pop: 27,069
$139,545
Walk: 15.0
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