Private Schools Market: ZIP 37015
Opportunity Score
61
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37015 is an urban area with low foot traffic. with a population of 19,547 and household incomes above the national median ($74,848).
Area Profile
19,547
Population
$74,848
Median Income
+0% vs. national
Urban
Area Type
7.0/20
Foot Traffic
Car-Dependent
Median Age: 41.5 —
older demographic, may prefer sit-down options.
College-Educated: 16.3% —
value-focused market, keep prices competitive.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,540
2BR Fair Market Rent
$1,244
Median Gross Rent
$260 K
Median Home Value
4
Bank Branches
$420 K deposits
Tips for Starting a Private School Business in Tennessee
- 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
- Car-Dependent
- Bank Branches
- 4
vs. National Average
Median Income
+0% vs. $74,580
Walkability
-3.5 pts vs. national avg
Nearby Markets
37035
6.5 mi
Pop: 3,424
$90,742
37146
8.5 mi
Pop: 7,735
$102,988
Walk: 4.6
37080
12.3 mi
Pop: 7,061
$78,151
Walk: 3.9
37036
12.5 mi
Pop: 6,653
$72,277
37143
12.9 mi
Pop: 4,149
$93,212
Walk: 5.0
37187
12.9 mi
Pop: 8,382
$71,049
Walk: 5.1
37209
13.6 mi
Pop: 38,367
$75,810
Walk: 11.9
37082
14.1 mi
Pop: 5,564
$95,301
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