Private Schools Market: ZIP 02646
Opportunity Score
47
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02646 is an urban area with low foot traffic. with a population of 1,715 and household incomes near the national median ($74,276).
Area Profile
1,715
Population
$74,276
Median Income
+0% vs. national
Urban
Area Type
9.9/20
Foot Traffic
Very Car-Dependent
Median Age: 64.3 —
older demographic, may prefer sit-down options.
College-Educated: 57.4% —
strong appetite for artisan/specialty food.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,370
2BR Fair Market Rent
$1,964
Median Gross Rent
$720 K
Median Home Value
2
Bank Branches
$350 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.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Car-Dependent
- Bank Branches
- 2
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-0.6 pts vs. national avg
Nearby Markets
02645
2.2 mi
Pop: 11,060
$89,898
Walk: 8.1
02671
2.7 mi
Pop: 932
$101,917
Walk: 9.6
02659
3.4 mi
Pop: 1,090
$87,368
Walk: 9.4
02639
4.5 mi
Pop: 3,387
$64,051
02631
5.3 mi
Pop: 10,189
$93,427
02633
6.4 mi
Pop: 4,536
$94,036
02660
6.4 mi
Pop: 6,767
$91,449
Walk: 7.8
02670
6.9 mi
Pop: 1,071
$89,875
Walk: 9.9
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