Private Schools Market: ZIP 02465
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02465 is an urban area with high foot traffic. with a population of 11,297 and household incomes well above the national median ($174,518). There are 4 private schools operations in ZIP 02465.
Area Profile
11,297
Population
$174,518
Median Income
+134% vs. national
Urban
Area Type
15.7/20
Foot Traffic
Very Walkable
Median Age: 43.1 —
older demographic, may prefer sit-down options.
College-Educated: 56.9% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02465.
4
Private Schools
Low competition — room to establish
3.5 per 10K residents
11
Child Care Centers
9.7 per 10K residents
What this means:
Private Schools are 26.7% of the relevant market in ZIP 02465 (4 vs. 11 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,930
2BR Fair Market Rent
$2,251
Median Gross Rent
$1.1 M
Median Home Value
1
Bank Branches
$140 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.
- The median income here is $174,518. 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
- 11
- Bank Branches
- 1
vs. National Average
Median Income
+134% vs. $74,580
Walkability
+5.2 pts vs. national avg
Nearby Markets
02460
1.3 mi
Pop: 10,033
$154,329
Walk: 15.7
02468
1.4 mi
Pop: 5,901
$250,001
Walk: 13.0
02466
1.4 mi
Pop: 8,553
$170,852
Walk: 14.6
02453
1.6 mi
Pop: 30,314
$114,029
Walk: 15.8
02462
2.3 mi
Pop: 1,459
$210,682
02461
2.6 mi
Pop: 6,717
$207,292
Walk: 15.2
02464
2.6 mi
Pop: 3,730
$125,846
Walk: 17.6
02458
2.7 mi
Pop: 13,308
$151,782
Walk: 14.8
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