Private Schools Market: ZIP 02746
Opportunity Score
63
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 02746 is an urban area with high foot traffic. with a population of 16,791 and household incomes below the national median ($41,023).
Area Profile
16,791
Population
$41,023
Median Income
-45% vs. national
Urban
Area Type
15.4/20
Foot Traffic
Very Walkable
Median Age: 32.8 —
mixed-age market, broad menu appeal.
College-Educated: 6.5% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 02746.
3
Child Care Centers
1.8 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,390
2BR Fair Market Rent
$1,100
Median Gross Rent
$320 K
Median Home Value
2
Bank Branches
$220 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.
- Median income sits at $41,023. Price sensitivity is real. Build your model around volume or keep overhead minimal.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Very Walkable
- Related Businesses
- 3
- Bank Branches
- 2
vs. National Average
Median Income
-45% vs. $74,580
Walkability
+4.9 pts vs. national avg
Nearby Markets
02740
1.9 mi
Pop: 46,336
$54,563
Walk: 15.1
02745
2.7 mi
Pop: 25,013
$73,154
Walk: 11.0
02747
4.6 mi
Pop: 21,500
$97,665
Walk: 9.6
02743
4.6 mi
Pop: 10,476
$90,683
Walk: 9.2
02744
4.6 mi
Pop: 12,549
$54,841
Walk: 14.7
02719
5.7 mi
Pop: 15,878
$92,500
Walk: 11.2
02717
7.1 mi
Pop: 4,777
$143,281
Walk: 4.0
02748
7.8 mi
Pop: 11,501
$105,455
Walk: 11.4
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