Private Schools Market: ZIP 37128
Opportunity Score
65
/ 100
Good
Based on walkability, population density, income levels, and local business competition.
Market Summary
ZIP 37128 is an urban area with low foot traffic. with a population of 77,016 and household incomes above the national median ($89,069).
Area Profile
77,016
Population
$89,069
Median Income
+19% vs. national
Urban
Area Type
6.4/20
Foot Traffic
Car-Dependent
Median Age: 32.2 —
mixed-age market, broad menu appeal.
College-Educated: 23.8% —
value-focused market, keep prices competitive.
Competition
Private Schools and related businesses in ZIP 37128.
8
Child Care Centers
1.0 per 10K residents
Operating Costs
Local cost levels affect space, labor, and operating expenses.
$1,930
2BR Fair Market Rent
$1,514
Median Gross Rent
$360 K
Median Home Value
10
Bank Branches
$700 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
- Related Businesses
- 8
- Bank Branches
- 10
vs. National Average
Median Income
+19% vs. $74,580
Walkability
-4.1 pts vs. national avg
Nearby Markets
37153
6.2 mi
Pop: 4,894
$90,625
Walk: 4.1
37132
8.3 mi
Pop: 2,698
Walk: 12.2
37129
8.9 mi
Pop: 60,615
$89,772
Walk: 7.1
37127
10.3 mi
Pop: 22,029
$85,947
Walk: 4.4
37037
11.0 mi
Pop: 9,786
$111,458
37167
11.6 mi
Pop: 63,660
$79,720
Walk: 6.2
37060
11.6 mi
Pop: 3,574
$101,466
37014
11.9 mi
Pop: 3,633
$104,938
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