Private Schools Market: ZIP 06513
Opportunity Score
50
/ 100
Fair
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 06513 is an urban area with moderate foot traffic. with a population of 38,343 and household incomes below the national median ($46,520). There are 4 private schools operations in ZIP 06513.
Area Profile
38,343
Population
$46,520
Median Income
-38% vs. national
Urban
Area Type
12.7/20
Foot Traffic
Walkable
Median Age: 37.6 —
mixed-age market, broad menu appeal.
College-Educated: 12.6% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 06513.
4
Private Schools
Low competition — room to establish
1.0 per 10K residents
10
Child Care Centers
2.6 per 10K residents
What this means:
Private Schools are 28.6% of the relevant market in ZIP 06513 (4 vs. 10 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,640
2BR Fair Market Rent
$1,208
Median Gross Rent
$230 K
Median Home Value
3
Bank Branches
$250 K deposits
Tips for Starting a Private School Business in Connecticut
- 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
- Walkable
- Private Schools
- 4
- Related Businesses
- 10
- Bank Branches
- 3
vs. National Average
Median Income
-38% vs. $74,580
Walkability
+2.2 pts vs. national avg
Nearby Markets
06512
2.8 mi
Pop: 29,347
$84,034
Walk: 13.0
06517
3.3 mi
Pop: 14,867
$97,154
Walk: 13.0
06511
3.9 mi
Pop: 54,744
$56,300
Walk: 14.8
06510
4.0 mi
Pop: 4,205
$63,598
06473
4.4 mi
Pop: 24,527
$127,370
Walk: 12.5
06519
4.6 mi
Pop: 15,426
$44,394
Walk: 14.1
06405
6.4 mi
Pop: 28,090
$97,223
Walk: 9.6
06514
6.4 mi
Pop: 25,291
$85,227
Walk: 11.7
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