Private Schools Market: ZIP 37027
Opportunity Score
66
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37027 is an urban area with low foot traffic. with a population of 61,961 and household incomes well above the national median ($156,002). There are 7 private schools operations in ZIP 37027.
Area Profile
61,961
Population
$156,002
Median Income
+109% vs. national
Urban
Area Type
7.5/20
Foot Traffic
Car-Dependent
Median Age: 43.5 —
older demographic, may prefer sit-down options.
College-Educated: 50.0% —
strong appetite for artisan/specialty food.
Competition
Private Schools and related businesses in ZIP 37027.
7
Private Schools
Moderate — proven market
1.1 per 10K residents
9
Child Care Centers
1.5 per 10K residents
What this means:
Private Schools are 43.8% of the relevant market in ZIP 37027 (7 vs. 9 related businesses).
Well-established market — differentiation is non-negotiable.
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$2,550
2BR Fair Market Rent
$2,141
Median Gross Rent
$840 K
Median Home Value
36
Bank Branches
$5.9 M 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.
- The median income here is $156,002. That gives you pricing room most markets don't offer. Don't underprice.
Quick Facts
- Area Type
- Urban
- Foot Traffic
- Car-Dependent
- Private Schools
- 7
- Related Businesses
- 9
- Bank Branches
- 36
vs. National Average
Median Income
+109% vs. $74,580
Walkability
-3.0 pts vs. national avg
Nearby Markets
37220
4.8 mi
Pop: 5,483
$156,227
Walk: 7.9
37067
6.1 mi
Pop: 31,550
$110,202
Walk: 10.6
37211
6.3 mi
Pop: 77,117
$69,936
Walk: 10.2
37215
6.7 mi
Pop: 22,188
$151,156
Walk: 10.6
37204
7.4 mi
Pop: 17,004
$109,341
Walk: 15.7
37069
8.2 mi
Pop: 19,994
$146,336
Walk: 8.5
37135
9.4 mi
Pop: 23,231
$146,028
Walk: 5.1
37212
9.4 mi
Pop: 20,046
$86,461
Walk: 16.1
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