Private Schools Market: ZIP 02467
Opportunity Score
74
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02467 is an urban area with moderate foot traffic. with a population of 22,325 and household incomes well above the national median ($173,854). There are 7 private schools operations in ZIP 02467.
Area Profile
22,325
Population
$173,854
Median Income
+133% vs. national
Urban
Area Type
13.9/20
Foot Traffic
Walkable
Median Age: 30.0 —
mixed-age market, broad menu appeal.
College-Educated: 43.7% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 02467.
7
Private Schools
Moderate — proven market
3.1 per 10K residents
9
Child Care Centers
4.0 per 10K residents
What this means:
Private Schools are 43.8% of the relevant market in ZIP 02467 (7 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$3,660
2BR Fair Market Rent
$3,067
Median Gross Rent
$1.2 M
Median Home Value
10
Bank Branches
$1.4 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 $173,854. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Walkable
- Private Schools
- 7
- Related Businesses
- 9
- Bank Branches
- 10
vs. National Average
Median Income
+133% vs. $74,580
Walkability
+3.4 pts vs. national avg
Nearby Markets
02445
1.4 mi
Pop: 22,568
$145,878
Walk: 13.0
02135
2.4 mi
Pop: 43,683
$88,208
Walk: 14.0
02132
2.5 mi
Pop: 27,069
$139,545
Walk: 15.0
02130
2.7 mi
Pop: 41,109
$130,533
Walk: 15.0
02459
2.7 mi
Pop: 18,604
$214,941
02131
2.9 mi
Pop: 31,564
$109,237
Walk: 13.5
02446
2.9 mi
Pop: 31,109
$127,519
Walk: 16.4
02134
3.5 mi
Pop: 17,637
$75,317
Walk: 14.5
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